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US Job Market Softens | Bloomberg Surveillance | March 7, 2025
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March 7, 2025
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2:41:25Now PlayingBloomberg Surveillance hosted by Tom Keene and Paul Sweeney
March 7, 2025
Featuring:
• Claudia Sahm, Chief Economist at New Century Advisors, Ellen Zenter, Chief Economic Strategist for the Morgan Stanley Global Investment Office, Rebecca Patterson, Senior Fellow at the Council on Foreign Relations, and Kristina Campmany, Senior Portfolio Manager for global debt at Invesco, offer their reaction to February's nonfarm payrolls report amid concerns over US growth, rising inflation, and uncertain tariff policy from the Trump administration
• Gina Martin Adams, Chief US Equity Strategist with Bloomberg Intelligence, discusses the equity reaction to the February jobs figures and why US stock bulls can't avoid volatility from DOGE, tariffs and the recent boost seen in shares of China's top tech firms
• Anna Wong, Chief US Economist at Bloomberg Economics, explains her lower-than-consensus jobs call and whether the current state of the labor market might make help the case for the Federal Reserve to resume interest-rate cuts
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