Lates News

Mark Zandi, chief economist of Moody's Analytics, said that financial markets may need to prepare for disappointment from the non-farm payroll data on Friday. Specifically, he is concerned about job growth falling below 100,000, which he expects will lead to a dominant negative economic sentiment. He said, "If the number hits 100,000 or lower, be cautious, because it means all other data will become more important and people will lower their expectations. It could be a difficult day for the market."