Bloomberg Intelligence

US Hiring Comes up Short in Possible Warning Sign for Fed

Sep 6, 2024
Lindsey Piegza, Chief Economist at Stifel, analyzes the latest U.S. jobs report and its potential warning for the Federal Reserve. Matt Mishkin from John Hancock shares market reactions, while Dana Wollman discusses the recent struggles of tech giants like Broadcom and Intel. Audrey Childe Freeman addresses dollar movements influenced by job data, and insights on trends in employment highlight a shift toward employee retention in uncertain times. The discussion reveals the intriguing interplay between labor markets, tech performance, and monetary policy.
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