Investors trimmed their bets for a rate hike during the next two FOMC meetings but increased their bet the Fed will raise rates by December.» Read More
Today's payroll numbers are in and this is the first month since August 2003 that the economy shed jobs instead of adding. Total non-farm payrolls fell by 17,000. On the flip side, December's meek increase was revised up from 18,000 to 82,000. So what is the underlying trend?
Don Gimbel, International CIO at Geneva Investment Management of Chicago explains how politics in Washington has directly impacted hiring in corporate America and why this is detrimental to the stock market.