TJM Managing Director Reacts to Market Position After End-of-Week Turnaround
TJM managing director Timothy Anderson joined Cheddar News and provided a reaction to the stock market closing position after making a turnaround late in the week. He also talked about about the Fed's inflation gauge remaining highly elevated.
The U.S. added 142,000 jobs in August, below expectations. The unemployment rate fell to 4.2%. The cooling job market raises chances for an interest rate cut.
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