Greg Smith: On the strong U.S jobs report, retailers shares rising and the eurozone economy expanding by 0.4%
The Mike Hosking Breakfast · Newstalk ZB
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Show Notes
A higher than forecasted jobs report has been undergone in the U.S.
The year’s economy created 227,000 non-farm jobs in November, which is above estimates of 214,000.
Retailers continue to come to the party with earnings reports. Shares in Lululemon soared 16% on stronger than expected sales.
The eurozone economy expanded by 0.4% in the third quarter, doubling the previous quarter’s growth rate. The ECB, however, still looks set to cut rates again later this week and with some challenges across the economy.
Greg Smith of Devon Funds Management joins Early Edition to discuss
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