The recession is well behind us now, and Wall Street seems to think this recovery should be all wrapped up. Consider this: The federal non-farm jobs report for June was pretty awful. The private sector created 57,000 jobs. Federal, state and local governments cut 39,000 positions (the eighth straight monthly decrease in government employment).

Topics:  bloomberg s    surprise that   gdp   read   wall street   economists   recession   recovery   jobs   employment   monthly   federal   
BING NEWS:
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    "Investors' expectation that the Fed would nip a recession in the bud by easing means that the Fed Put is back," Ed Yardeni said.
    05/8/2024 - 6:41 am | View Link
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    05/7/2024 - 11:22 am | View Link
  • The US will see a recession by year-end that could spark a 30% drop in the stock market, legendary forecaster Gary Shilling says
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    05/6/2024 - 6:45 am | View Link
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    We break down GDP, unemployment and personal income metrics in New York and what these numbers tell us about our economy.
    05/5/2024 - 2:00 am | View Link
  • Stock market today: Wall Street climbs to trim its loss for the week
    It's one of the most highly anticipated economic reports each month, and economists ... Street. The economy is in a tight spot, where the hope is that it remains strong enough to stay out of a ...
    05/2/2024 - 9:13 am | View Link
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