The latest indicators show solid U.S. employment with strong retail earnings, diminishing recession concerns.
From Zacks Investment Research: 2025-02-27 18:28:13
Today, Chief Equity Strategist and Economist John Blank discusses the “Dual Mandate” for maximum U.S. employment. The Fed has not set a numerical target for this mandate but high employment levels are essential for a strong economy. Indicators show the current state of U.S. employment is solid, with retail earnings from companies like Plains All American Pipeline, BJ’s Wholesale Club, and Pilgrim’s Pride looking strong. Concerns about the U.S. economy remain, but with no Treasury Yield Curve, recession concerns are diminished. Overall, the Bull/Bear story on the U.S. economy looks positive.
Read more at Zacks Investment Research: What is the Bull/Bear Story on This U.S. Economy? – February 27, 2025