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Job data is good for the economy, not for rate cuts - February 2, 2024

Job data is good for the economy, not for rate cuts - February 2, 2024

Episode 330 Published 2 years, 9 months ago
Description

The shares of Meta jumped 15% yesterday after it tripled its profit and introduced its first dividend. Investors were happy about this strong result and Amazon’s robust earnings, so much so that it took take their minds off Apple, the Fed and China. But then, new data came in that shook their convictions... 

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