Lates News

Kim Forrest, chief investment officer at Bokeh Capital Partners, said that the unexpectedly disappointing nonfarm data suggests that the economy is in a period of volatility. We know that large-scale layoffs have already occurred. The difficulty of finding workers during the COVID-19 era has led companies to retain many employees far beyond actual needs, with many positions actually unnecessary. The methods we use to measure the economy may not necessarily convey the truly important information. Higher layoff rates and lower labor participation rates have given the Federal Reserve reasons to lower interest rates.