Ep. 363 | Economy Ends 2024 Hotter Than Expected

Cape Fear Report
13/01/2025 21 min
Ep. 363 | Economy Ends 2024 Hotter Than Expected

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Episode Synopsis

SUMMARY: The economy ended 2024 hotter than expected as the labor market added 256,000 jobs in December on expectations of just 160,000 jobs, the 10-year jumped to 14-year highs after the hotter jobs report and continues to rise on Monday, and this week it is all about consumers with inflation data and retail sales...LINKS:REUTERS: US labor market exits 2024 with strong job gains, drop in unemployment rateCNBC: 10-year Treasury yield touches fresh 14-month highMARKETWATCH: It's all about consumers this week with inflation and retail dataDISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

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