End of bull market? Labor market is heating up, brace for higher wages, inflation - Jim Awad

End of bull market? Labor market is heating up, brace for higher wages, inflation – Jim Awad

Nonfarm payrolls grew at 531,000 in October, more than the consensus estimate of 450,000. The unemployment rate has fallen to 4.6%, down from 4.8% the previous month. Jim Awad, senior managing director of Clearstead Advisors said that a recovering labor…

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