Reported 20 days ago
The recent jobs report indicates that the US economy added 227,000 jobs in November, with an unemployment rate rising to 4.2%. Economist Brian Jacobsen describes the economy’s performance as a 'little engine that could,' emphasizing its resilience despite challenges. As the Federal Reserve continues its rate cuts, Jacobsen anticipates uncertainty in fiscal policies under President-elect Trump but believes that monetary policy will favor risk assets moving forward.
Source: YAHOO