» Strategy Update: August Data Show Labor Market Still in a Rut Decision Economics

Strategy Update: August Data Show Labor Market Still in a Rut

Posted September 7, 2012 by rvillareal

The latest employment report shows the labor market is still in a rut. Hesitation by both businesses and consumers in the face of numerous uncertainties is clear, raising the odds of further easing by the Fed at its September policy meeting. But, perhaps not outright balance sheet expansion quite yet. DE remains bullish on stocks, as the wave of monetary easing around the globe currently, and over the next 3-9 months, boosts the performance of risk assets.

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