Will Coming Week's Inflation & Fed News Cause Markets To Pop Or Drop? | Lance Roberts & Adam Taggart
Thoughtful Money with Adam Taggart
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Analyzing Economic Data and Employment Trends
The chapter explores recent economic indicators such as the employment report and personal consumption expenditures, revealing signs of economic weakness like lower GDP growth and declining full-time employment. Discussions center around discrepancies in jobs data, historical trends linking unemployment rates and recessions, and skepticism towards the strength of the current economy despite impressive job creation numbers. The conversation also addresses the impact of past employment trends on the current job market, potential errors in employment data estimation, and the significance of accurate data for informed decision-making, particularly by institutions like the Federal Reserve.
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