Labor Market Strong While Earnings Waver, FOMC "Maintenance Cuts" May be Warranted

A "solid" jobless claims print continues to show a strong labor market, says Kevin Hincks. However, it's a different picture for earnings, with many Thursday morning reports like American Airlines (AAL), Southwest Airlines (LUV), and Honeywell (HON) dragging shares lower. However, Alphabet's (GOOGL) earnings late on Wednesday offered a bright spot. Kevin also makes the case for the Fed cutting interest rates more than some analysts expect.

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