Investors 'over-interpreted' July jobs report: Economist

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Investors 'over-interpreted' July jobs report: Economist
Vincent ReinhartJuly Jobs Report
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The July jobs report sent markets into a tailspin and had investors worried that the economy may be slowing too much and that the Federal Reserve kept rates ...

and had investors worried that the economy may be slowing too much and that the Federal Reserve kept rates high for too long.

Everyone's all of a sudden rushing to say that we hadn't really priced in the risk of recession enough and that becomes the, the sort of conversation and this week was exactly the opposite, right. Yes, 100 and 14,000 jobs created in the month of July was disappointing to expectations, but it's still one and a third million workers at an annual rate.So we're employing the people who are coming on on board.

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Vincent Reinhart July Jobs Report

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