Job Growth Slows in June, Yellen's China Talks, Twitter Threatens Meta 7/7/23
Squawk on the Street
00:00
The Uncertainty of the Economy
Average hourly earnings surpassed expectations by 12 cents or 0.4%. That of course is what the Fed is paying attention to because that is what keeps inflation stickier regardless of where the unemployment rate is, if people are getting paid more. Sickle stocks took it on the chin with that EO move. Bank stocks suffered again.
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Transcript
