Healthy jobs data bad news for the economy
NAB Morning Call
00:00
Introduction
The fear of a recession is growing almost because the jobs market is too strong. The payrolls data from the united states didn't show any growing weakness. That's heightened expectation for the fed to keep going higher with interest rates, raising the chance of a recession. Europe is talking up the extent of their manetary policy despite the expectation that energy prices will rise even higher. We talk little else of anything these days. Us c p i middle of this week, plus the e c b. And nobody's entirely certain what they're ong to do, because it's hardly a unified we getting from them, is it? It's monday the eleventh, f july 20 22
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