Listen "Asset Allocation Bi-Weekly - Part-Time Troubles (7/31/2023)"
Episode Synopsis
Fixation on headline economic numbers can lead to inaccurate conclusions. A recent example is the performance of major stock indexes, which it turns out has been greatly influenced lately by a very small number of stocks. Overreliance on headline numbers can also be costly for investors. Confluence Staff Economist Thomas Wash joins us today to dig deeper into one of our favorite headline numbers: the unemployment rate. What is it really telling us?
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