Understanding important signals in the mixed economic data

05/11/2024 3 min Episodio 61
Understanding important signals in the mixed economic data

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Episode Synopsis

Stephen Fitzsimmons, Institutional Portfolio Manager on the BlueBay U.S. Fixed Income team, steps away from election chatter to dive into the latest economic data. With a major miss on October’s payrolls, resilient Q3 GDP, and rising Core PCE, the numbers suggest a complex path ahead. Will the Fed cut rates to support a softening labor market?