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Daybreak Holiday: November Jobs, Oil Volatility, Antitrust Under Trump

Bloomberg Daybreak: US Edition

CHAPTER

Economic Insights Before Thanksgiving

This chapter examines recent economic data, showcasing stable GDP growth but signs of a weakening labor market with low hiring rates. It highlights the resilience of U.S. consumers in the face of inflation and discusses potential Federal Reserve policy implications. The analysis includes predictions for upcoming payroll data and explores challenges faced by rate-sensitive sectors ahead of the holiday shopping season.

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