Three major data or information, including the JoLTS vacancy data, ISM manufacturing PMI index, and the minutes of the Federal Reserve meeting released last night, from the NASDAQ futures market $E-mini NASDAQ 100 Futures (JUN6) (NQmain.US)$ Looking at it, it's pretty optimistic. After all, the data and news didn't accelerate the decline in the general market.
Understanding key economic data, as well as some relevant policy information, especially the Federal Reserve's views, may have some reference value for personal long-term planning.
As to whether the opinions are optimistic or weak, I believe everyone will have a general direction after reading it.
I. JoLTs November job vacancies
JoLTS vacancies declined slightly in November
8.79 million, slightly lower than the 8.85 million in October
It reflects the cooling of the labor market, but it is still healthy
The ratio of vacant jobs to the number of unemployed people rose from 1.3 to 1.4
Each unemployed person corresponds to 1.4 jobs
As the number of unemployed people decreased, the ratio of vacant jobs/number of unemployed people increased. This is good for the Federal Reserve because it reflects more full employment.
Furthermore, the increase in employment reflects the boom in the industry, and the number of people employed in the construction industry and the durable goods manufacturing industry, which are extremely sensitive to interest rates, are growing.
The construction industry and the durable goods manufacturing industry are leading indicators of the economy. They will be the first to see layoffs in the recession, but now both are expanding...