https://www.youtube.com/watch?v=/jp-hmn_Nc-U
Friday’s nonfarm payroll report showed that the U.S. economy added 559,000 jobs in May, slightly shy of consensus expectations of 675,000. The unemployment rate is now at 5.8%, the lowest level since the start of the pandemic.
Alain Corbani, portfolio manager of Finance SA and Scott Rothbort, president of LakeView Asset Management, discuss the impact of Friday’s jobs report on inflation, monetary policy, and investments.
For more insights on the macroeconomic landscape, watch the video above.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Wallace Precious Metals The author has made every effort to ensure accuracy of information provided; however, neither Wallace Precious Metals nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Wallace Precious Metals and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
