What to Expect From Bank of America $BAC Earnings

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  • #10339
    TradersCom
    Keymaster

    [article]26[/article]

    #14302
    TradersCom
    Keymaster

    Goldman Sachs Jobs Report Forecast
    NFP +175k
    Unemployment rate from 4.1% to 4.0%
    Average hourly earnings +0.3% m/m & +2.5% y/y
    :

    While labor market fundamentals appear solid, we expect a deceleration from the pace of job gains in October and November, which benefitted from a sharp employment rebound in hurricane-affected states. Our forecast also reflects a modest drag from winter storms around the December survey period.

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