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The Big Picture: Jobs Report Eases Rate Hike Fears; Earnings Bar Remains High

The Big Picture: Jobs Report Eases Rate Hike Fears; Earnings Bar Remains High

Joe Mazzola from @CharlesSchwab discusses the market's positive reaction to the July jobs report, as weaker hiring and wage growth reduce the likelihood of a September Fed rate hike. He says the data helps the inflation outlook but also raises some concerns about the broader economy.

Source: Schwab Network
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