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Weakness in the labor market and sticky inflation are more important than headline numbers, argues Dana Peterson. She talks about data from the Conference Board signaling an economic slowdown in fourth quarter of last year and the industries it affects the most. Tariff tensions are another factor in the slowdown, says Dana, but makes the case that a strong American consumer will hold the economy up.
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By Schwab NetworkWeakness in the labor market and sticky inflation are more important than headline numbers, argues Dana Peterson. She talks about data from the Conference Board signaling an economic slowdown in fourth quarter of last year and the industries it affects the most. Tariff tensions are another factor in the slowdown, says Dana, but makes the case that a strong American consumer will hold the economy up.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about