Nguyen: 'Flying Blind' Without Non-Farm Payrolls Data
Schwab Network · Schwab Network
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Show Notes
Tuan Nguyen joins Morning Movers to look at the U.S. labor market. As the government shutdown carries on, he notes that some economists are "flying blind" without the typical monthly jobs data. Tuan believes other data prints will become more important to gauge the health of the economy. He sees the next 2 FOMC meetings as a "make or break moment" for the Federal Reserve. Tuan believes the more the government shutdown will last, the more "pain" will be felt by retailers and consumers.
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