Quote Originally Posted by fubah2: HEADLINES today . . . US unemployment rate (under President Biden admin) just fell to a historically low 3.4%!! ...setting a new modern age record for low unemployment beating their previous marks which were until now historically low for any one year period in US history!!!
The solid jobs report led investors to believe that
"to some degree, the Fed is basically done
in terms of tightening policy for the cycle,"
said Amanda Agati, chief investment officer
for PNC Financial Services Asset Management Group.