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Surveillance: US Payrolls Crush Estimates

Surveillance: US Payrolls Crush Estimates

FromBloomberg Surveillance


Surveillance: US Payrolls Crush Estimates

FromBloomberg Surveillance

ratings:
Length:
27 minutes
Released:
May 5, 2023
Format:
Podcast episode

Description

Economics & Fmr. Fed Governor, says the Fed is not going to quit until the labor market quits. Jeff Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, says "the tightening is yet to show up" as the US unemployment rate falls to 3.4% in April. Tiffany Wilding, PIMCO Chief US Economist, discusses the payrolls report beating estimates. Chris Marinac, Janney Montgomery Scott Director of Research, says most regional banks "have much more stable deposit flows than anyone realizes." Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.
Released:
May 5, 2023
Format:
Podcast episode

Titles in the series (100)

Tom Keene, Jon Ferro, Lisa Abramowicz, and Paul Sweeney have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets.