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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Category General

Source Schwab Network

Published 2 months ago

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News ID #3,230

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