china turmoil. The U. S. Jobs report
and a potential year end rally. Here are three
things to watch in the markets. The protests in
major cities across china challenged President xi Jinping strict zero
covid policies. Markets are closely watching the latest developments
after the unrest over lockdowns shook up the economic outlook
over concerns. It could take longer to see a
rebound in the world's second largest economy. Some analysts
say the public anger shows the strategy is not sustainable
and would have to lead to an easing in the
US. Market watchers will be looking for weaker economic
data to confirm their expectations. The Fed can ease
its pace of rate hikes. The most important data
points ahead of the central bank's december meeting include the
monthly jobs report as well as wholesale and consumer inflation
readings. The Fed has signaled it is ready to
take its foot off the pedal but evidence of a
robust labor market continues to worry investors. The demand
has not cooled off enough. And will we get
a santa rally this year? Despite prospects for a
less aggressive Fed investors haven't really committed to buying the
dip worries over a potential deep recession in 2023 have
prevented a strong rebound in market leaders such as google
meta Tesla Microsoft and amazon whether or not portfolio managers
can shake off their doubts triggering the year end rally
is a key thing to watch as we close out
2022 set expectations for the new year. I'm kurumi
mori and this is market bites for more. Make
sure to follow us at quick take