How Uncomfortable Will the Shutdown Get for Americans?
Schwab Network · Schwab Network
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Show Notes
Dana Peterson from The Conference Board previews the Fed’s meeting this week. She discusses the impact of missing government data and the market’s expectations for a 25 basis point cut. She notes that we are in a no-hire, no-fire environment as companies struggle with uncertainty, but says that balance could change. Dana looks where we’re seeing layoffs, and why, and argues that overall consumers have been “protected” by the labor environment.
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