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Daily Market Brief 22-11-22

Bank of America: Be Prepared for a US Debt Default. Brian Moynihan, CEO of Bank of America, said it was necessary to …

US Demand for Labour Remains Strong Despite Fears of Recession. Unexpectedly, the number of US available jobs increased in December, demonstrating that …

Apple Records Largest Quarterly Decline in Revenue in 6 Years. Apple’s revenue fell at the sharpest quarterly pace in six years during …

The Fed Raised Interest Rates by 25 bps. The Federal Reserve raised the interest rate by about 25 basis points, at a …

February 6, 2023: NFP Increase by 517K, Largest Gain Since July 2022

US Demand for Labour Remains Strong Despite Fears of Recession. Unexpectedly, the number of US available jobs increased in December, demonstrating that there is still robust demand for workers despite higher interest rates and growing recessionary fears. This could encourage the Federal Reserve to continue tightening monetary policy. According to the monthly Job Openings and →Read more

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