How are markets reacting to the jobs report?

The Financial Exchange Show - Podcast autorstwa The Financial Exchange Network

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Mike Armstrong and Marc Fandetti dive into the unexpected results from the jobs report and look at how far off the expectations were. Is unemployment unnaturally low? US factories are 'hoarding labor' to prevent what happened to them during the pandemic. Massachusetts mistakenly used $2.5B in Federal money to fund jobless benefits. Is this mistake going to cost the taxpayers big time? Investors have soured on Chinese stocks and renew fears about the economy. Wall Street banks are using AI to rewire the world of finance.

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