Blowout Jobs Report Fuels Wall Street Fear of ‘Lose-Lose' Market

Published on January 10, 2025

A choppy start to the year turned into an all-out selloff Friday.

       
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S&P 500 Snapshot: Index Falls 1.5% Following Friday Jobs Report

January 10, 2025
The S&P 500 fell over 1.5% on Friday following the release of December's stronger than anticipated jobs report. The index is now 4.32% below its record close from December 6th, 2024 and is down 0.71% year to date.

Social Security Has Problems, but It's No Ponzi Scheme

January 10, 2025
The label is both inaccurate and misleading, according to Jason Fichtner, a former SSA official.      Related StoriesSocial Security ‘Fairness' Doesn't Come for FreeCould a Term-Limited Trump Finally ‘Fix' Social Security?The Social Security Fairness Act Is Law. Here's What Advisors Should Do Now.