
Economy on a teeter-totter as Fed tries to tame inflation
The stock and bond markets rebounded nicely in July, unemployment dropped to a post-pandemic low of just 3.5%, demand in the labor market continued to outpace supply, manufacturing remained solid, and gas prices at the pump retreated – all favorable signs for the economy.
The stock and bond markets rebounded nicely in July, unemployment dropped to a post-pandemic low of just 3.5%, demand in the labor market continued to outpace supply, manufacturing remained solid, and gas prices at the pump retreated – all favorable signs for the economy.
08/05/2022