Economic Restructuring - The jobs report indicates a continued restructuring of the economy, with a shift from government jobs to private sector employment as President Trump's re-privatization policies take effect [1][2] Employment Trends - Federal jobs have decreased by approximately 270,000 this year, while private sector jobs have increased by nearly 700,000 [2] - Native-born jobs have risen by about 2.7 million, contrasting with a decline of almost 1 million in foreign-born jobs [2] Wage Growth - Wages for middle-class workers have increased by around 5% year-on-year, which is approximately double the current inflation rate [2][5] Oil Market Dynamics - Oil prices have been declining, with West Texas Crude dropping from $80 to $55 per barrel since the beginning of the year [3] - U.S. oil production is currently exceeding domestic demand, leading to falling prices [3] Gasoline Prices - National gasoline prices have fallen below $3 per gallon, with significant regional variations, such as Oklahoma at $2.30 and California at $4.35 [4] Inflation Impact - The decline in oil prices is expected to reduce inflation indexes significantly in the coming months, potentially leading to lower interest rates [4] Energy Policy and Inflation - Trump's energy-centric view of inflation, combined with deregulation and tax incentives, is contributing to wage growth that outpaces inflation, resulting in increased real wage affordability [5]

New Zealand’s central bank is reducing capital requirements for lenders and expects that to benefit consumers through lower interest rates and more competition https://t.co/WwzeEPpaxF ...

Market Sentiment - Market sentiment may be beginning to turn positive [1] Economic Indicators - Jobs report reveals why the Fed will lower rates [1] Government Initiatives - Government announces the US Tech Force [1]

SHVETS production from Pexels and Kameleon007 from Getty Images Signature Quick Read Social Security beneficiaries will receive a 2.8% COLA in 2026. The Fed is not expected to raise interest rates in 2026 due to easing inflation and stable unemployment. Fed rate changes do not directly impact COLAs but can influence them through inflation effects. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here.   ...

Joining us this morning with some reaction. First from the White House is the National Economic Council Director Kevin Asset. Kevin, good morning.Good to have you. >> Great to be here. >> Uh, lot of information uh that the streets trying to absorb.How do you characterize both October and November. >> Yeah, I think it's best to sort of combine the two. And if you do that, then you're looking at private sector gains of about 120,000, maybe 121.And then uh we dropped about 160,000 government workers, federal g ...

Joining us now for more on the markets and jobs, Joe Mato, president CIO at Newberger Berman. Joe, great to have you with us. Good >> to be here.Thank you. >> Um, it's interesting to get the jobs report now after the Fed decision. How important is this for you.>> I think the data is really important. I think the state of the labor market is one of the critical issues in terms of determining what the Fed path is going to be. And, you know, our sense is you're going to continue to see a grinding, weaker labor ...

RT Bloomberg Opinion (@opinion)“It’s a huge psychological jump, right,” @keds_economist explains.“4.4 and 4.6% are very close, but they’re not the same at all, and I think this will get in people’s heads that we are creeping close to 5%. And I don’t think we are.”https://t.co/fbjzWB1IjJ ...

Copper edged lower as investors turned cautious ahead of US data that will be scrutinized for signs of where interest rates are headed https://t.co/sjbOnSq679 ...

Market Overview - Stocks initially moved higher at the start of trading on Monday but quickly lost ground, with major averages ending the day modestly lower. The Nasdaq fell by 137.76 points (0.6%) to 23,057.41, the S&P 500 dipped by 10.90 points (0.2%) to 6,816.51, and the Dow decreased by 41.49 points (0.1%) to 48,416.56 [1] Sector Performance - Computer hardware stocks continued their sharp pullback from the previous session, leading to a 2.9% decline in the NYSE Arca Computer Hardware Index [4] - Software stocks also experienced considerable weakness, with the Dow Jones U.S. Software Index losing 1.5%. Other sectors such as telecom, networking, and brokerage stocks showed notable declines, while pharmaceutical and healthcare stocks performed strongly [5] Economic Data Impact - Upcoming economic reports, including the monthly jobs report for November and retail sales data for October, are expected to influence market sentiment. A report on consumer price inflation is also scheduled for release, which could affect interest rate outlooks following the Federal Reserve's recent monetary policy announcement [3][8]

>> WELCOME BACK. OUR NEXT GUEST ISSUED A DISSENTING VOTE AT LAST WEEK'S BIG FED MEETING, PUSHING FOR EVEN STEEPER RATE CUTS. JOINING US HERE AT POST NINE IN A CNBC EXCLUSIVE IS FEDERAL RESERVE GOVERNOR STEPHEN MYRON.GOVERNOR, IT'S GREAT TO HAVE YOU BACK AT POST NINE. WELCOME. >> GOOD DAY.THANKS FOR HAVING ME BACK. >> SO I KNOW YOU JUST GAVE THIS BIG SPEECH AT COLUMBIA ABOUT INFLATION. AND BEFORE WE DIVE INTO THAT, MAYBE YOU COULD JUST EXPLAIN WHY YOU DISSENTED FOR EVEN SHARPER RATE CUTS WHEN SOME OF YOUR CO ...