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🧠The Weekly Scoop
Explaining every trend affecting your job, home, and investments
Hey friend - well done making it through the short week. They’re always more work. There is only one week until another long weekend.
Don’t miss our 2024 Outlook piece this Sunday. We got pretty much everything right last year, so we will likely get it all wrong this time. 😉 Try a free week of premium
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Here’s what you need to know this week.…
Catch up on the conversation:
The first few days of 2024 have provided a peek into what the year might be like, with investors worried about either:
An economy that’s too strong and reignites inflation
An economy that’s too weak and stops companies from expanding profits
The jobs market remains pretty strong - layoffs are low, unemployment is low, and hiring continues at a decent clip. Investors will watch and worry that low unemployment means an overheating economy with the potential to reignite inflation that would then encourage policymakers to keep borrowing costs high.
We’ll dive into this more this weekend in our 2024 Outlook, but there’s a problem with how investors look at the job market data…
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