Job Layoffs Starting To Show In Eco Data
b'Jobless Claims data today came in at above 200K. The hiring in 2022 does not seem to be continuing this year as the job cuts from big corporations are starting to show in the numbers. Bad news used to be good news for markets, but that is not happening today with the employment data. However, the healthcare sector seems to be outperforming the rest of the market. Dan Deming weighs in on the slowing economy and defensive positioning.'