The recent NFP jobs report shows a different reality than what this other major report suggests. The last time this happened, the number of jobs was revised downward.
Nonfarm payrolls data came in hotter than expected, bolstered by other labor market indicators that suggest the FOMC won’t cut interest rates this year. The overall figure was more than double what was expected; unemployment fell to 4.1% and wages rose about 4%. Rising employment and wages signal that one Fed mandate has been met, … Read more
Nuclear energy stocks have been all the rage in 2024 as investors look to profit from companies driving the artificial intelligence revolution. However, the market is running out of reasonable places to look in this area. Hyperscalers are quickly gobbling up the excess nuclear power capacity that American companies have to offer. Companies like Constellation … Read more