Reported 3 days ago
Investors are closely monitoring the upcoming September jobs report, expected to show an addition of around 150,000 jobs. Ohsung Kwon, an equity strategist at Bank of America, identifies a 'Goldilocks' range between 125,000 and 175,000 jobs, suggesting that staying within this range would support the equities market and the soft landing scenario. He notes the labor market is slowing but remains stable, hinting that investors may react positively to the report despite potential softness.
Source: YAHOO