The Economy Just Shed 92,000 Jobs as Oil Prices Surge and Inflation Creeps Up. History Says the Stock Market Will Do This Next.
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The US economy lost 92,000 jobs in February, a development that was unexpected. This job loss has been accompanied by a rise in the unemployment rate to 4.4% and increasing oil prices. The impact on the stock market is uncertain, but there are concerns about the economy and the potential for stagflation.
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