What This Week’s Jobs Reports Could Tell Us About the State of the Consumer
Listen now
Description
This week, we’re expecting the JOLTS and nonfarm payrolls reports. With inflation still holding above the Fed’s target and some weakness in the latest durable goods and retail sales reports, February’s nonfarm payrolls report will carry some extra weight. Charles Schwab’s chief investment strategist, Liz Ann Sonders and their chief fixed income strategist, Kathy Jones, join us for a discussion about how the market is anticipating these reports, especially the jobs report– which will be the week's marquee data point. We’ll also be looking to see what these reports tell us about the state of the consumer. Then, ahead of Target and Costco’s earnings results, WSJ reporter Sarah Nassauer joins to talk about how those reports may show us how shoppers are balancing wants and needs. And with Super Tuesday fast approaching we’ll hear from Sam Stovall, chief investment strategist at CFRA Research, about how this election can move the markets and what the likely presidential rematch between Donald Trump and Joe Biden means for investors.  Further Reading Hotter-Than-Expected Inflation Clouds Rate-Cut Outlook  Nasdaq Approaches Its Record High  U.S. Shoppers Cut Back in January  For more coverage of the markets and your investments, head to WSJ.com. 
More Episodes
We’re going on hiatus. A message for our listeners from WSJ’s Take On the Week producer Jess Jupiter. For more coverage of the markets and your investments, head to WSJ.com.
Published 04/14/24
Published 04/14/24
This week, we're expecting earnings reports from three of the biggest U.S. banks: JPMorgan Chase, Citigroup, and Wells Fargo. Josh Brown and Michael Batnick from Ritholtz Wealth Management join us to discuss what these reports could tell us about the finances of consumers and businesses — how...
Published 04/07/24