Factoring Movement Into Tuesday

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With the presidential election spread continuing to widen we turn to the most immediate economic news. Tomorrow will be last jobs report before the election. It will also be a key measure of what the Fed will do in their last meeting of the year. The markets have already factored in a 66% chance of a 25 basis point hike in December. A strong jobs report will make those odds go up even higher. Let’s take a look at what this risk means for your portfolio…

 

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