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U.S. Day Ahead: Better jobs picture is a double-edged sword

Wednesday, August 22, 2012 - 01:49

Aug 22 - Initial jobless claims are set to show employment is stabilizing, but that could reduce the chances of the Fed throwing more cash at the economy according to Reuters Correspondent Jason Lange.

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Ben Bernanke appears ready to throw more cash at the economy according to the latest bad minutes. But is always there could be a -- Pay special attention to initial jobless claims out in the morning. And you Reuters poll says that's likely to show employment is stabilizing. As important as the numbers go into the highly watched jobs report for August. On paper that could be Smart kids but there might be a downside. Well the Fed of course really wants -- hiring is picking up the minutes the last meeting for the policy makers are ready to provide more monetary stimulus pretty soon. If the economy doesn't improve substantially. So of the claims data shows that the labor market is improving that could make more stimulus a little less likely. Well jobs aren't the only indicator the economy so its consumer spending and we'll get an update on how the luxury market is doing when sitting next. The owner of Kay Jewelers -- reports its earnings. Investors -- -- I think that is back on track after taking a hit in the beginning of the year when the recovery looks shaky -- its results will also give us a taste of what the store where they yelled and Tiffany's. There earnings are out next week. From Blaine to attack it. Rumors of a major deal over at Salesforce.com. Have pushed it stocks higher and out more when it reports earnings. It expected to turn a bigger profit over last year at Boston market -- off moves into social media. -- breaking news that the eighteen billion dollar company has been a standout among its years. And stay with writers TV and insider for more expert analysis on the health of the economy check out murders UG about a Reuters dot com slash borders -- At the latest on the big movers in the market by following us on Twitter at Reuters Insider I'm Heidi mom this is writers.

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U.S. Day Ahead: Better jobs picture is a double-edged sword

Wednesday, August 22, 2012 - 01:49