The U.S. labor market has been weaker than initially reported over the past year, according to updated Bureau of Labor Statistics data released on Sept. 9.
With Fed. Res. signaling upcoming interest rate cuts and WH and private sector ramping up investment in strategic areas, concerns over a potential asset bubble are gaining traction.
U.S. economy expanded at a 3.3% annualized pace in second quarter of 2025 with rate of growth exceeding earlier estimate and signaling economic strength.
Stocks (and gold) shot up in response to Powell’s talk, and Treasury yields declined in the wake of his comments, so let’s hope he follows through on this view.
