Weekly Economic Snapshot: Solid Jobs Amid GDP Contraction & Crashing Confidence
Last week’s economic data arrived against the backdrop of a buoyant stock market enjoying a nine-day winning streak — its longest since 2004. While the labor market continued its surprising resilience in April, adding more jobs than expected, the broader economic landscape revealed significant underlying strain. The first quarter saw the U.S. economy contract for [...] The post Weekly Economic Snapshot: Solid Jobs Amid GDP Contraction & Crashing Confidence appeared first on ETF Trends.
Last week’s economic data arrived against the backdrop of a buoyant stock market enjoying a nine-day winning streak — its longest since 2004. While the labor market continued its surprising resilience in April, adding more jobs than expected, the broader economic landscape revealed significant underlying strain. The first quarter saw the U.S. economy contract for [...]
The post Weekly Economic Snapshot: Solid Jobs Amid GDP Contraction & Crashing Confidence appeared first on ETF Trends.
