44 min listen
A topsy-turvy day, jobs report tea leaves and time to ditch growth stocks?
FromThe Exchange
ratings:
Length:
47 minutes
Released:
Sep 4, 2020
Format:
Podcast episode
Description
Another rollercoaster day for the averages, with stocks unable to hold onto gains following this morning’s jobs report. Our market experts break down where the weakness is, and how investors should react.Plus, nearly 1.4 million jobs were added in August, but the number of people out of work is still down by more than 11 million since the pandemic hit. We discuss the labor market, economic recovery & more with Boston Fed President Eric Rosengren.And, Steve Grasso of Stuart Frankel explains why it might be time for investors to take profits from growth stocks like Apple, and begin to buy into cyclical names.
Released:
Sep 4, 2020
Format:
Podcast episode
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