The Wealth Advisor Club Discusses the Importance of This Week’s Jobs Data

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This week’s jobs data will likely be the key driver behind capital flows during the coming month

Employment data will be released throughout the week, potentially driving the S&P 500 to new all-time highs.

A recent article published in Wealth Advisor Club suggests that this week’s jobs data will be the key driver toward equity market capital flows.

According to the article, the ADP will release private payroll data on Wednesday which will be followed by governments report on jobless claims on Thursday and the Department of Labor’s release of non-farm payrolls and the unemployment report on Friday.

The non-farm payroll and unemployment report are the granddaddy of economic releases and investors will need to absorb this key data as it will be focus of the Federal Reserve. A stronger than expected number will likely drive the S&P 500 to new all-time highs according to the article.

The Wealth Advisor Club provides information regarding various sectors in the market they believe are key indicators to market volatility.

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Donald Fawcett
Paramount Digital Publishing
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