Sunday, August 03, 2025

WILD WEEK: The Patch Forward Remains Murky } Mohamed A. El-Erian @elerianm

From the @WSJ article 

"The Wild Week in the American Economy: 

 https://pbs.twimg.com/media/GxVmhy1WwAAQKtW?format=png&name=small

Growth and hiring have clearly taken a hit; the path forward remains murky."

AI OVERVIEW 
A weak jobs report in July
2025, which saw only 73,000 jobs added and a downward revision of 258,000 jobs for May and June combined, indicates that growth and hiring are facing significant headwinds. 
  • This suggests a sharp slowdown in the labor market and raises concerns about the direction of the economy. 
  • Some economists view a slowdown in labor demand of this magnitude as a potential recession warning sign. 
 https://i.pinimg.com/originals/18/14/9f/18149fc327c2ea44294b16ce6d23bad9.gif
 
 
https://pbs.twimg.com/media/GxcDsxHXcAAth8X?format=jpg&name=large 

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