Reuters - Video

Edition: US | UK | IN | CN | JP

Finance Videos

U.S. Week Ahead: Weak jobs means Fed stimulus here to stay

Friday, May 31, 2013 - 03:09

May 31 - Don't bet on the Fed winding down its $85B a month bond buying program given Friday's expected anemic jobs report.

▲ Hide Transcript

View Transcript

After the Dow's steep selloff at the close investors will be focused on any signs of a strengthening economy out of the one to watch this Friday's jobs from. Important expect a measly 160000. -- higher than me about the same as the previous month and still. Well below average for this year all the means is that that it will be winding down its massive stimulus anytime -- We would need to see several friends in a row north of 2000 a month and new jobs created for the Fed to seriously think about letting up and we're just not there yet. We've seen some revisions they get as close. -- federal it was revised north of 300000. But we would need to see several of those in a -- people we get to that point where the Fed says okay our job is done here and we're not. Clubs. And if you're trying to figure out chairman Ben Bernanke's next move catcher interview with one former policymakers about how to cut through the pocket and speaking. To learn that three key words to listen for. Investors will also be peeking through the latest car sales on Monday our experts that I -- -- -- -- will rebound to an annual rate at fifteen point one million cars and me. That's a positive sign for the economy it means Americans still want to buying big ticket items to tighten tax hikes and government spending cuts. Look for sales to keep rising to about fifteen million cars and trucks. And the ever tight or just right Tesla shares have tripled since the start of the year and investors wanted to know more about what -- on -- I'm not asleep at the annual shareholders meeting on Tuesday. The company's riding high after posting its first ever quarterly profit. And earning a near perfect score from consumer reports -- model as electric cars. Don't analyst at -- if they hire me where. Those profit of 112 million dollars it's still very small tiny sales are on and -- has sold. 100 fewer cards and what have a General Motors also has its shareholder meeting on Thursday investors wanna hear more about how that company cutting costs in Europe. GM lost 175. Million dollars last quarter and left with eggs and shares shot up nearly 55% over the past year above -- 33 dollar IPO -- Investors will be tuning into Jeffrey got lots of web cast -- -- to find out where new bonds team is thinking that's. Its -- forty billion double -- total return bond financed and it's hot with a three here annualized return of over 11%. A lot is made some good calls including the rise of the Nikkei and the quality -- to 425. Dollars. Last time he spoke to Reuters Insider he said he would probably start buying treasuries again when the ten year yield went above 2%. It's currently near two year highs with the yield not about 2% after Friday's better than expected in Chicago PM number. Follow -- on Twitter -- side earned him more of our video that Reuters dot com slash ratings TV putting on this is going to.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

U.S. Week Ahead: Weak jobs means Fed stimulus here to stay

Friday, May 31, 2013 - 03:09