Strong Jobs Report Might Be Bad for Stocks

A strong jobs report next Friday could mean bad news for investors. Good employment numbers could lead to an early end to the Federal Reserve’s policy of pumping money into the banking system to save the economy and set off the stock market’s long-dreaded pullback, Reuters reported. The Fed's policy since the end of 2008 has kept interest rates low and propelled stocks to record highs. Last week, stocks fell after Fed Chairman Ben Bernanke announced the U.S. central bank may decide to reduce its stimulus programs if data shows the economy is rebounding. Stocks posted their second straight week of losses on Friday, mostly on fears that the Fed would curb its bond-buying program sooner than most people expected, according to Reuters.

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