But we had a revision higher for report strength. The u. S. Economy is resilient. The fed is in a good spot with where the data is. I dont think the fed does anything differently other than a pat on the back. A pat on the back for chair powell. This is a pictureperfect soft landing is what they are track for. Jonathan here in new york is bob michele, priya misra, and gershon distenfeld. Priya, a solid payrolls report. I thought we would start by making up excuses for a weak jobs number. We got a strong one. Priya we went in looking for a weak number with the gm strike. I dont think the number told us a whole lot. We have known that the labor market is strong. Is, is the big question Global Growth slowing down . Is the manufacturing slowdown . Is that impacting the labor market, i think not yet. It solidifies this whole fed hold. When businesses have cut back on capex, they will have to cut back on hiring. It is not yet so far. Jonathan the jury is still out on this economy . Priya it i
The jobs number did not disappoint. Pretty impressive. We not only had a stronger report but we had a revision higher for the prior number. Dont write off the economy just yet. It has a lot of fundamental strength. The u. S. Economy is very resilient. They are a lot stronger than people think. The fed is in a good spot with what they have done and where the data is. I dont think the fed does anything differently other than pat themselves on the back. A pat on the back for chair powell. This is a pictureperfect soft landing is what they are track for. Jonathan joining me around the table in new york is bob michele, priya misra, and gershon distenfeld. Priya, a solid payrolls report. I thought we would start by making up excuses for a weak jobs number. We got a strong one. Priya we went in looking for a weak number with the gm strike. I dont think the number told us a whole lot. We have known the labor market is very strong. It is slowing. I think the big question, is the Global Growth s
We not only had a strong report but we had a revision higher for the prior number. Dont write off the economy just yet. It has a lot of fundamental strength. The u. S. Economy is resilient. They are a lot stronger than people think. The fed is in a good spot with where the data is. I dont think the fed does anything differently other than a pat on the back. A pat on the back for chair powell. This is a pictureperfect soft landing is what they are track for. Jonathan here in new york is bob michele, priya misra, and gershon distenfeld. Priya, a solid payrolls report. I thought we would start by making up excuses for a weak jobs number but we got a strong one. Priya we went in looking for a weak number with the gm strike. I dont think the number told us a whole lot. We have known the labor market is very strong. Pace. Slowing is the manufacturing slowdown . Is it having an impact on the labor market . Im not sure. It solidifies this whole fed hold. When businesses have cut back on capex,