News Snapshot:
My top 10 things to watch Thursday, Jan. 5, 2023 1. U.S. stock futures accelerate to the downside as bond yields reverse higher. Soon-to-be retiring St. Louis Federal Reserve President Esther George advocated Thursday on CNBC for higher interest rates. Fed minutes Wednesday also held fast to tightening as of its last meeting. The job market is still too strong. ADP private payrolls in December: 253,000 versus 153,000 expected. Pay increases for job changers 15.2%. Job-stayers get 7.3%. 2. Amazon (AMZN) lays off 18,000, more than expected. But you must be kidding me. You add 300,000 to payrolls during Covid...
