What Do The US Jobs Numbers Really Mean For the Economy?
In this episode, Roger Hirst talks about how WTI crude oil has cratered over the past couple of weeks, the vulnerabilities it continues to face, and what would have to happen to indicate real risk in global growth. He also discusses the upcoming report for US non-farm payrolls. After missing last month’s expectations, the January report's expectations have accounted for deceleration in the US economy. However, if the January report shows a major movement in the new numbers, markets may react significantly. Finally, he reviews Disney’s earnings from this week.
-
Roger Hirst, Independent Macro Analyst, Co-Head of Content, Real Vision Group