After the September NFP: Weak Jobs, Sticky Oil and Why Gold Couldn’t Rally
Friday’s NFP jobs report was supposed to settle whether the Federal Reserve will hike again in October. It came close. US employers added just 29,000 jobs in September, unemployment rose to 4.2%, and average hourly earnings rose just 0.1% on the month. The October hike is now largely priced out. But markets’ reaction was far
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