Investing in stocks ranks as one of the best ways to make money over the long term. That's obvious when you look at the past. And while history doesn't repeat itself, the factors that caused stocks to perform well over the last century will likely prevail over the next 100 years as well. Read More...
Reuters
Futures muted after jobs data raises odds of more rate hikes
U.S. employers maintained a strong pace of hiring in March, data released on Friday showed, pushing the unemployment rate down to 3.5% and raising odds of the Fed hiking rates one more time next month. While nonfarm payrolls increased by 236,000 jobs last month, slightly weaker than economists’ expectations, investors focused on the overall data which signaled labor market resilience. “We see a disconnect between markets presuming much easier Fed policy on “softer” data and how the Fed will actually see the data,” Citi economists said in a note.
