Michael Lee, founder of Michael Lee Strategy, expresses skepticism about the September jobs report, anticipating that there will be revisions to the data. His remarks come ahead of the Consumer Price Index (CPI) inflation report, indicating that he believes there may be more nuances in the labor statistics than currently reported, which could impact economic perceptions.
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The skepticism surrounding the accuracy of the September jobs report suggests that any revisions might indicate a weaker job market than previously thought, which could be concerning for economic growth forecasts.
Capitalist Pig hedge fund manager Jonathan Hoenig weighs in on market rallies, his concern for everyday Americans amid inflation, and his stock pick.
Oct 11, 2024, 12:25 PM
JPMorgan Chase & Co. chief Jamie Dimon on Friday sounded the alarm about "critical risks" to the U.S. economy in the bank's third quarter earnings report.
Slatestone Wealth Chief Market Strategist Kenny Polcari discusses the market rallying following the inflation report, Jamie Dimon's warning of geopolitical risks, and how he fared during Hurricane Milton.