CNBC's "Fast Money" cover image

The Most Important Jobs Report of the Year…Really! 3/8/23

CNBC's "Fast Money"

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Is This a Buy the News Event?

The Atlanta Fed just saw Q1 GDP shoot up to like 2.8% from, I think, it was at 2%. We have an economy that for whatever reason has not digested nearly 5% interest rate hikes in the Fed funds rate since last March in one year. Today we get a hot report. We get a report that indicates that there is still strength in the labor market. Is it a buy the news event? It's kind of a pair of twos right here.

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