US September Jobs Report Numbers Lands in 'an Awkward Middle'

cryptocurrency 1 week ago

U.S. jobs rose by 194,000 in September, well below economists’ average estimate for a gain of 500,000 jobs. This may give the U.S. Federal Reserve more flexibility after Chair Jerome Powell signaled recently that the central bank looked to be on track to start tapering its $120 billion-a-month in bond purchases. "The Hash" co-host David Morris says when we see a worse jobs report it's better for the stock market and vice versa. What does it mean for the markets, particularly crypto markets, now that the numbers are "stuck in an awkward middle?"
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