After that, there's not much positive about the outlook. There are no job gains, and wages aren't rising at the moment.
More Quotes from Carey Leahey:
On the jobless claims, you're now moving into a range that suggests a recession. I don't even know if many of the airline layoffs have hit this number yet, so it's going to up big time.Carey Leahey
It seems to me that he's keeping the door open for rate cuts. It's a little more negative on the economy than I expected.
Carey Leahey
It's negative for the bond market because you have a stronger (economic) growth rate.
Carey Leahey
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