Goldman Sachs Research sees the US economy on a narrow path to a soft landing. While the increase in nonfarm payrolls in May beat expectations, the unemployment rate has been flat for three months to early June, as the underemployment rate U6 edged up, and average hourly earnings barely grew. Additionally, job openings have started to decline, and the official JOLTS series dropped sharply in April.
Reprinted from Goldman Sach，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.