Todd Schoenberger, Chief Investment Officer of CrossCheck Management, stated that the decline in non farm employment growth and the slowdown in average hourly wage growth will help alleviate inflationary pressures, and this report is positive for the stock market. (Source: Jin Shi)
AI interpretation: The dual slowdown of non-agricultural employment and wage growth directly weakens the overheated pressure on the labor market, effectively alleviating the hidden concerns of inflation rebound. This rebalancing of supply and demand has reduced the necessity for the Federal Reserve to maintain extreme tightening policies, creating space for market liquidity release. The valuation logic of the stock market has been repaired, and investors' confidence in a soft landing of the economy has significantly increased. This data clarifies the favorable window for the shift of monetary policy, providing solid macro support for the sustained rise of risk assets.
