467k jobs added last month; This is how the Fed, markets will respond – Robert Brusca
Robert Brusca, chief economist at Fact and Opinion Economics, discusses with David Lin, anchor for Kitco News, the economic implications of a massive gain in employment from last month. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on…
Why did Friday’s jobs report miss expectations? Is the economy in trouble?
Friday’s nonfarm payroll report showed that the U.S. economy added 559,000 jobs in May, slightly shy of consensus expectations of 675,000. The unemployment rate is now at 5.8%, the lowest level since the start of the pandemic. Alain Corbani, portfolio…
Inflation is not a concern; these trading signs are much more important – Bill Baruch
Spikes in commodity prices, as well as used cars and trucks, are likely to remain transitory said Bill Baruch, adding that the Federal Reserve was right about inflation projections. “Inflation really is not a concern for me. Here’s the thing,…
