On a special, blog-only edition of Market Week in Review, Mark Eibel, director, client investment strategies, and Research Analyst Laura Bardewyck discussed recent economic data releases, the current market selloff and the potential influence of U.S. election season on markets.
Key takeaways from the August employment report
Two big numbers released the week of Aug. 31 painted an improving picture for the U.S. jobs market, Eibel said: Weekly initial jobless claims and total nonfarm payroll additions. For the first time in months, the number of initial unemployment claims dropped below 900,000 - still significantly above