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Friday’s monthly jobs report, along with a slew of other economic data slated for release this week, is likely to drive the stock market even higher if it surprises to the upside.

That’s because any evidence that the Federal Reserve is cutting interest rates amid an ideal backdrop of continuous economic growth, a solid labor market, and easing inflation would be a “hugely bullish” outcome for equities, Citi head of US equity trading strategy Stuart Kaiser said.

“Everything is about the growth side of the economy, and everything is about the consumer,” Kaiser told Yahoo Finance. “Any data that suggests consumer spending is holding in and you’re not seeing the weakness that people are worried that the Fed is worried about, I think that’s all going to be positive for equity markets.”

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