News Snapshot:
My top 10 things to watch Friday, Jan. 6, 2023 1. U.S. stock futures jump and bond yields drop after Friday's release of the December jobs report provided some hope of a soft landing. Goldilocks jobs? I like the number. A win is a win. Nonfarm payrolls growth : 223,000 versus 200,000 expected; unemployment rate drops to 3.5% — still too high and low, respectively. The magic number for the Federal Reserve to slow interest rate hikes is 4%. Wage increases less than expected. Welcomed but must be flat. A lot can change between the opening bell and the close....
