Hot employment market shows signs of cooling
The hot jobs market has been defying a weakening economy and confounding the Federal Reserve for months, but now shows…
05.03.2023
Michael R. Comstock
After a strong March, financial markets were mixed in April. U.S. markets were up by low single digits, bond markets showed small gains, but emerging markets pulled back. Concerns around inflation and the banking crisis lingered, contributing to the uncertainty about the Fed’s next move. Still, job growth remained at a healthy level, consumer confidence was up, and earnings data beat expectations. Is a recession still on the horizon? Stay tuned to find out.
