Labor market cracks getting 'too much attention': Strategist

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 46 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Max Kettner Noticias

Labor Market

Initial jobless claims rose week-over-week to 258,000, higher than the 230,000 mark economists had expected. However, this increase could be attributed to...

Hurricane Helene and the East Coast port workers' strikes.Kettner argues that the print is"getting way too much attention."

Maybe about some of the weakness that we are seeing and and the cracks that are forming are they is is that almost not getting enough attention?Actually, I think when we look at the cracks, there's always gonna be cracks. So looking at the employment market for example, the national accounts data now is looking like in the last couple of quarters.All of this stuff has actually been revised higher in conjunction with also personal and private household savings, so even the savings rate is now much higher.Getting too much attention and what's not getting enough attention is how strong ready the US has been and continues to be from a sort of overall macro and growth backdrop.

Sarah Parish is returning to screens and the Curfew star isn't the only actor in the family with husband James Murray starring in many series. Charts the highs and lows of their relationship here...

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Bad news will no longer mean 'good news for stocks': StrategistAs investors brace for volatility (^VIX) in late 2024 and ahead of the presidential election, Fundstrat Global Advisors managing director and global head of ...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »