Albert Barbaro’s Post

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Regional Vice President Southeast at Resolute Investment Managers

From our American Beacon Advisors sub-advisor TwentyFour Asset Management LLP: “Labour market data plays a crucial role in influencing financial markets, given that it provides insights into the number of jobs being created, the average wages being paid, and the overall unemployment rate. This is evident in that the recently released labour market data has quickly changed sentiment in markets.” Eoin Walsh, Partner and Portfolio Management at TwentyFour Asset Management, provides a recap and his analysis on the events that took place since the labour market data was released, noting that these moves seemed to have been sparked by this one data point, but there are a lot of other factors at play worth considering. Read more: https://ow.ly/rtPk50STmQb #labourmarket #financialmarkets

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