Reported 11 days ago
Michael Darda, chief economist at Roth Capital Partners, discusses the mixed signals from recent economic data during an appearance on Yahoo Finance. While initial jobless claims have dropped to a four-month low, other indicators suggest a weakening labor market, raising concerns about potential unemployment increases and a recession. Despite the optimism reflected in market highs, Darda warns that the prevailing data leaves more questions than concrete answers.
Source: YAHOO