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The U.S. economy added back the most jobs in four months in February, as easing COVID-19 case counts and a ramping vaccine rollout allowed distancing restrictions to begin to moderate. The unemployment rate also unexpectedly improved during the month. The U.S. Labor Department released its February jobs report Friday morning at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus estimates compiled by Bloomberg: Non-farm payrolls: +379,000 vs. +200,000 expected and a… Source link

MATCHES (EST) FORWARDS Pedro Neto, WOL at AVL (£25): It’s a pretty ugly slate for forwards, mainly because all of them are struggling. Neto is the only one who takes set pieces, and he’s almost a must. Prior to the Man City match, he hit at least six fantasy points in six straight starts. and even as an underdog against Aston Villa, he should get plenty of opportunities in a match with the highest-implied goal total. Danny Ings, SOU at SHU (£24): Ings has the best odds to hit the back of the… Source link

Newbie traders and experience pros alike need to heed one word of advice to avoid catastrophe: Always have a plan before the trade is made. Otherwise, traders are simply throwing themselves at the mercy of their own emotions. That’s what Stephen “Sarge” Guilfoyle, president of Sarge986 LLC, said at the latest Yahoo Finance Premium webinar, where he broke down some key tenets of risk management. “What did Mike Tyson say? Everyone has a plan until they get punched in the face. In the infantry,… Source link

Federal Reserve Chairman Jerome Powell added more fuel to the fire for investors already spooked by the spectre of higher inflation and rising interest rates in the bond market. Speaking at the Wall Street Journal Jobs Summit, Powell said he expects the economic reopening to cause some inflation later this year, but that it would be temporary, and it was not enough to make the central bank hike interest rates. That was little consolation to investors, who pushed the Nasdaq (^IXIC) and S&P 500… Source link

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, March 5, 2021 Vaccinations are having the biggest impact on airlines. As we noted on Thursday, investors are fully onboard the re-opening train. But these trades aren’t only anticipating what might happen when the masses are vaccinated and the economy is fully re-opened — they are also responding to real-time changes in data. In a note to clients published Thursday, economists at Bank of… Source link

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said Thursday that his electric vehicle firm and Ford Motor Company (NYSE: F) were the only American carmakers not to have gone bankrupt out of the thousands of startups operating in the industry. What Happened: Musk reasoned on Twitter that while “prototypes are easy, production is hard [and] being cash flow positive is excruciating.” The entrepreneur also reacted to Twitter users who posted on the rivalry between the two companies’ trucks. Why It… Source link

There are six games in the NHL on Friday with three considerable mismatches. Colorado, Vegas and Tampa Bay are all huge favorites, and the Wild, Bruins and Blues are also receiving small chalk. It’s also an interesting schedule spot with Tampa Bay and Chicago playing for the second consecutive night, whereas all the other teams except Boston and Washington are on the front end of a back-to-back set, so double-check your goaltender selections before contests lock. GOALIE Curtis McElhinney, TB… Source link

Traders were left disappointed last night after Federal Reserve chair Jerome Powell did not indicate that the Fed might step up purchases of long-term bonds to hold down longer-term interest rates. Photo: Getty European stocks mostly fell on Friday amid fears of a rise in interest rates and a continued rotation out of growth stocks into the likes of industrials. The FTSE 100 (^FTSE) fell sharply after opening but recovered losses by mid-morning thanks to a steep fall in the pound. London’s… Source link

TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Never say that one person makes no difference. This past Thursday, stocks tumbled, bonds surged, and investors started taking inflationary risks seriously – all because one guy said what he thinks. Jerome Powell, chair of the Federal Reserve, held a press conference at which he gave both the good and the bad. He stated, again, his belief that the COVID vaccination program will allow a full reopening of the economy, and that… Source link

By David Randall NEW YORK (Reuters) – The rollercoster ride in bitcoin since the start of the year has not dampened wealth manager Jim Paulsen’s enthusiasm for the cryptocurrency. Yet Paulsen, chief investment officer for Leuthold Group, which manages $1 billion, cannot own bitcoin in client portfolios due to regulatory constraints. This has left him on the sidelines watching the world’s most popular cyrptocurrency surge more than 900% since its March lows in volatile trading that also saw… Source link