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Jobless Claims and Challenger Layoffs Raise a Yellow Flag
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Jobless Claims and Challenger Layoffs Raise a Yellow Flag

Cracks are getting wider in the labor market

David Rosenberg's avatar
David Rosenberg
Jul 04, 2024
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Early Morning with Dave
Early Morning with Dave
Jobless Claims and Challenger Layoffs Raise a Yellow Flag
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Highlights

  • Cracks are getting wider in the labor market

  • Growth is rolling over — ISM composite flirting with recessionary levels

  • Fiscal stimulus set to fuel the next leg higher in Indian stocks

  • Sorry state of U.S. fiscal policy cannot be ignored for much longer

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