Weekly Economic Perspectives: Is US Labor Market Healing About To Start?
Last Week's Highlights
The Economy Industrial production and retail sales plunge in the US. Stockpiling essentials can’t prevent big drop in Canadian manufacturing sales. UK, eurozone and German economies contract. Japan’s leading index in March presents a “worsening” scenario. Australia’s unemployment rate not reflective of true underlying conditions.
The Market Equity markets end volatile week lower. Bond yields are little changed. The pound drops on disappointing Brexit talks. Oil jumps on improving demand expectations.
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