Disappointing jobs number, “Apple-esque” and a reluctant downgrade
Podcast |
The Exchange
Publisher |
CNBC
Media Type |
audio
Categories Via RSS |
Business
Investing
News
Publication Date |
Oct 08, 2021
Episode Duration |
00:44:44
The economy only added 194,000 jobs in September, well short of estimates and in spite of enhanced unemployment benefits ending. But there are millions of jobs openings, so why aren’t more roles being filled? We’ll explore it that means for stocks, bonds and the Fed taper too. Plus, we’ll speak with a Tesla analyst who says he’s bullish on the stock because he believes the company’s brand & ecosystem are “Apple-esque.” And, we’ll explain why one brokerage is cutting Home Depot & Lowe’s despite the housing & home improvement markets still being red-hot.

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