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US Economy Is Just Too Strong

Tim Waterer, Chief Market Analyst, KCM Trade

10-Jun-24 07:00

US Economy Is Just Too Strong

US non-farm payrolls came in at 272,000 in May, beating consensus forecast of 190,000, while wages rose 4.1% YoY, an uptick from April’s 3.9% increase. Is the US economy too strong and what does this mean for the Fed Fund rate. We ask Tim Waterer, Chief Market Analyst, KCM Trade for his views on this and whether the AI investment theme is relevant.

Image Credit: Gray StudioPro / Freepik.com

Produced by: Shazana Mokhtar

Presented by: Wong Shou Ning, Keith Kam


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Categories:  marketstechnologyeconomyinternational

Tags:  ai investmentus economynvidiaus cpius equity markets





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