FastSaying
There is concern about the strength of the U.S. employment report, in that if the Fed has to move it will move on the upside.
Katherine Beattie
Concern
Strength
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After two really heavy down days, where we lost over 375 points (on the TSE 300), it's not surprising that we enjoyed a bit of a correction today.
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This concern suggests it will take a lot of strength to get the Fed to tighten beyond 5 per cent.
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It's just another source of concern as to the strength of the Connecticut economy. The state has been slow to recover the jobs that were lost during the downturn.
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