OMAHA, N.E.(KELO)- Investors are celebrating last week’s interest rate cut by the Federal Reserve Board.
Stock prices are at all-time highs, but where do we go from here?
Creighton University Economist Dr. Ernie Goss says that depends a lot on what happens with employment numbers.
The problem there is, a lack of trust.
The Labor Department recently over-estimated the number of jobs created by more than 800-thousand.
In addition, Goss says the number of jobs that were created included a lot of part-time jobs.
He expects the next jobs report to be weak, which would put more pressure on the Fed to cut rates again in November.