U.S. Economy Mixed

Posted on 11/04/2023

Although the consumer is trading down and buying less, data indicates nonfarm payrolls increased 150,000 last month. Unemployment is up to 3.9%. U.S. wage growth is stabilizing after rising for years. Layoffs continue to make headlines, though, and many jobs are mid to high level. Stock market participants believe the Fed pivot plan has reached…

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