Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next-To The Moon - Tiger Brokers Online Investing Community

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Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next

cnbc2021-09-04

Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report. Nonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...

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OngCK
·2021-09-06
Like and comment pls
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KK2021
·2021-09-06
Wowowowowow
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JayTan
·2021-09-06
Like and comment pls
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- Couragesther:
  Ok
  2021-09-06
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- OngCK:
  Ok
  2021-09-06
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LHQA
·2021-09-06
Up
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- LHQA:
  Up
  2021-09-06
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J90
·2021-09-06
Ok
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- neosh:
  ?
  2021-09-06
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Pplymm
·2021-09-06
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SillyOldBear
·2021-09-05
Like pls
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- Abc1:
  Ok
  2021-09-06
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Chororo
·2021-09-05
。
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- angieee:
  :)
  2021-09-05
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cheeseng08
·2021-09-05
K
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ookezy
·2021-09-05
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- Pplymm:
  Done. pls like back
  2021-09-06
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Kikiooi
·2021-09-05
Any potential good news coming week?
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Kwgan
·2021-09-05
Ok
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- SaberNoTooth:
  done
  2021-09-05
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- ookezy:
  Like
  2021-09-05
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- Shinshinc:
  ya
  2021-09-05
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Rockyspider
·2021-09-05
Hello
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  2021-09-05
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WenxinLee
·2021-09-05
Nice
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  2021-09-05
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OO_898
·2021-09-05
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  ok
  2021-09-05
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OO_898
·2021-09-05
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NPC69
·2021-09-05
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Big__Boss
·2021-09-05
nice
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GregLord
·2021-09-05
Like please
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1nu
·2021-09-05
help me like and comment :)
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- GregLord:
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  2021-09-05
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Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","article_id":"1186003479","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","pubTimestamp":1630719216,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"在令人失望的就业报告后，股市以悲观的基调结束本周--五位专家预测接下来会发生什么","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","kind":null,"is_publish_news":false,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":817990945,"gmtCreate":1630894929887,"gmtModify":1676530414506,"author":{"id":"3575595150850001","authorId":"3575595150850001","authorIdStr":"3575595150850001","name":"OngCK","avatar":"https://static.tigerbbs.com/d48712c91608dbd0ea50712fabae2287","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575595150850001"},"htmlText":"Like and comment pls&nbsp;","listText":"Like and comment pls&nbsp;","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/817990945","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":814795671,"gmtCreate":1630884151793,"gmtModify":1676530409351,"author":{"id":"3575143606799200","authorId":"3575143606799200","authorIdStr":"3575143606799200","name":"KK2021","avatar":"https://static.tigerbbs.com/e57decb2950e37ceb12176c97c9be2c4","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":8,"crmLevelSwitch":1,"idStr":"3575143606799200"},"htmlText":"Wowowowowow","listText":"Wowowowowow","text":"Wowowowowow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814795671","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":814703086,"gmtCreate":1630883317545,"gmtModify":1676530409003,"author":{"id":"3572397521268164","authorId":"3572397521268164","authorIdStr":"3572397521268164","name":"JayTan","avatar":"https://static.tigerbbs.com/2df5c1d990871ccbfc0f26d4948532db","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572397521268164"},"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/814703086","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5763837,"gmtCreate":1630883681018,"gmtModify":1663233436235,"authorId":3557433279201512,"author":{"id":3557433279201512,"authorId":3557433279201512,"name":"Couragesther","avatar":"https://static.tigerbbs.com/fb776fde22322bb11f3651d216a6b06e","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.09","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":814703086,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5766835,"gmtCreate":1630894940482,"gmtModify":1631893430930,"authorId":3575595150850001,"author":{"id":3575595150850001,"authorId":3575595150850001,"name":"OngCK","avatar":"https://static.tigerbbs.com/d48712c91608dbd0ea50712fabae2287","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":814703086,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":814456259,"gmtCreate":1630880980871,"gmtModify":1676530408211,"author":{"id":"3586601875451537","authorId":"3586601875451537","authorIdStr":"3586601875451537","name":"LHQA","avatar":"https://community-static.tradeup.com/news/dac2098ffd34dac5d3d995daf719d745","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3586601875451537"},"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814456259","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5763397,"gmtCreate":1630880988099,"gmtModify":1663233436446,"authorId":3586601875451537,"author":{"id":3586601875451537,"authorId":3586601875451537,"name":"LHQA","avatar":"https://community-static.tradeup.com/news/dac2098ffd34dac5d3d995daf719d745","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.42%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":814456259,"type":1,"supId":0,"prevId":0,"content":"Up","text":"Up","html":"Up"}],"langContent":"EN"},{"id":814422935,"gmtCreate":1630879444627,"gmtModify":1676530408008,"author":{"id":"3581487017513023","authorId":"3581487017513023","authorIdStr":"3581487017513023","name":"J90","avatar":"https://static.tigerbbs.com/59b9bd5153d367d5ee88324bdf6c6003","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581487017513023"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814422935","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5763375,"gmtCreate":1630880833488,"gmtModify":1663233435244,"authorId":3571826656010176,"author":{"id":3571826656010176,"authorId":3571826656010176,"name":"neosh","avatar":"https://static.tigerbbs.com/31f8b1a526ec6d7458acc37507473890","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":814422935,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"}],"langContent":"EN"},{"id":814467104,"gmtCreate":1630877458708,"gmtModify":1676530407715,"author":{"id":"3582681835792049","authorId":"3582681835792049","authorIdStr":"3582681835792049","name":"Pplymm","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"idStr":"3582681835792049"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814467104","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":814431420,"gmtCreate":1630856562660,"gmtModify":1676530406811,"author":{"id":"3559770113710833","authorId":"3559770113710833","authorIdStr":"3559770113710833","name":"SillyOldBear","avatar":"https://static.tigerbbs.com/ef207140107fde8983f710c746a5b404","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3559770113710833"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814431420","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5762857,"gmtCreate":1630860566178,"gmtModify":1663233431942,"authorId":3574058840409191,"author":{"id":3574058840409191,"authorId":3574058840409191,"name":"Abc1","avatar":"https://static.tigerbbs.com/2cfcf6ece21a79e7cfe091379484947b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":814431420,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":814495975,"gmtCreate":1630855830997,"gmtModify":1676530406678,"author":{"id":"3548890322785063","authorId":"3548890322785063","authorIdStr":"3548890322785063","name":"Chororo","avatar":"https://static.tigerbbs.com/0cbcbb673621a63bd8bb2f8219eded23","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3548890322785063"},"htmlText":"。","listText":"。","text":"。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814495975","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5762535,"gmtCreate":1630856429251,"gmtModify":1663233432030,"authorId":3575957490964285,"author":{"id":3575957490964285,"authorId":3575957490964285,"name":"angieee","avatar":"https://static.tigerbbs.com/967f7f6ae6a869c2fcd0362a75de7cf4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":814495975,"type":1,"supId":0,"prevId":0,"content":":)","text":":)","html":":)"}],"langContent":"EN"},{"id":814490348,"gmtCreate":1630854630684,"gmtModify":1676530406523,"author":{"id":"3573810086788080","authorId":"3573810086788080","authorIdStr":"3573810086788080","name":"cheeseng08","avatar":"https://static.tigerbbs.com/ae9d86cc1edccb40dc6b02956070c990","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3573810086788080"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814490348","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":814407043,"gmtCreate":1630854458782,"gmtModify":1676530406500,"author":{"id":"3555885399977455","authorId":"3555885399977455","authorIdStr":"3555885399977455","name":"ookezy","avatar":"https://static.tigerbbs.com/7cf7be0a2cca939f4c77c7bcceb6f1d6","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3555885399977455"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814407043","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5763119,"gmtCreate":1630877488036,"gmtModify":1663233432839,"authorId":3582681835792049,"author":{"id":3582681835792049,"authorId":3582681835792049,"name":"Pplymm","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":814407043,"type":1,"supId":0,"prevId":0,"content":"Done. pls like back","text":"Done. pls like back","html":"Done. pls like back"}],"langContent":"EN"},{"id":814405852,"gmtCreate":1630854342876,"gmtModify":1676530406464,"author":{"id":"3574639507377836","authorId":"3574639507377836","authorIdStr":"3574639507377836","name":"Kikiooi","avatar":"https://static.tigerbbs.com/81135f833a61d8d0899dff1c77b07e72","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574639507377836"},"htmlText":"Any potential good news coming week?&nbsp;","listText":"Any potential good news coming week?&nbsp;","text":"Any potential good news coming week?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814405852","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":814542827,"gmtCreate":1630851153569,"gmtModify":1676530405856,"author":{"id":"3555113831623017","authorId":"3555113831623017","authorIdStr":"3555113831623017","name":"Kwgan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3555113831623017"},"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/814542827","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5762287,"gmtCreate":1630853953557,"gmtModify":1663233432642,"authorId":3586310553293679,"author":{"id":3586310553293679,"authorId":3586310553293679,"name":"SaberNoTooth","avatar":"https://community-static.tradeup.com/news/0e76511083610259e2add7e6e0f7ad6c","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":814542827,"type":1,"supId":0,"prevId":0,"content":"<u>done</u>","text":"<u>done</u>","html":"<u>done</u>"},{"id":5762343,"gmtCreate":1630854454730,"gmtModify":1663233432533,"authorId":3555885399977455,"author":{"id":3555885399977455,"authorId":3555885399977455,"name":"ookezy","avatar":"https://static.tigerbbs.com/7cf7be0a2cca939f4c77c7bcceb6f1d6","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.11.05","exceedPercentage":"93.84%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":814542827,"type":1,"supId":0,"prevId":0,"content":"Like","text":"Like","html":"Like"},{"id":5762245,"gmtCreate":1630853549667,"gmtModify":1663233429447,"authorId":3584697624877811,"author":{"id":3584697624877811,"authorId":3584697624877811,"name":"Shinshinc","avatar":"https://static.tigerbbs.com/98e6d35ddaae02c25196a93f23dd3903","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":814542827,"type":1,"supId":0,"prevId":0,"content":"ya","text":"ya","html":"ya"}],"langContent":"EN"},{"id":814543230,"gmtCreate":1630850592720,"gmtModify":1676530405763,"author":{"id":"3561779703230954","authorId":"3561779703230954","authorIdStr":"3561779703230954","name":"Rockyspider","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":0,"idStr":"3561779703230954"},"htmlText":"Hello","listText":"Hello","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814543230","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5762010,"gmtCreate":1630851147454,"gmtModify":1631892377611,"authorId":3555113831623017,"author":{"id":3555113831623017,"authorId":3555113831623017,"name":"Kwgan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":814543230,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":814554788,"gmtCreate":1630850094244,"gmtModify":1676530405697,"author":{"id":"4087695368272510","authorId":"4087695368272510","authorIdStr":"4087695368272510","name":"WenxinLee","avatar":"https://static.tigerbbs.com/bad37890ba35bb7193190c5c08ea56fb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087695368272510"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814554788","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5762061,"gmtCreate":1630851765021,"gmtModify":1663233427069,"authorId":3578394132659733,"author":{"id":3578394132659733,"authorId":3578394132659733,"name":"EricLHY","avatar":"https://static.tigerbbs.com/7139e6c20a26beebdf2bf64ba6202d22","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":814554788,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":814524021,"gmtCreate":1630848396163,"gmtModify":1676530405341,"author":{"id":"3582969710070724","authorId":"3582969710070724","authorIdStr":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3582969710070724"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814524021","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5761929,"gmtCreate":1630850222134,"gmtModify":1635130239716,"authorId":4087128820555850,"author":{"id":4087128820555850,"authorId":4087128820555850,"name":"MayW8","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":814524021,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":814525106,"gmtCreate":1630848249905,"gmtModify":1676530405324,"author":{"id":"3582969710070724","authorId":"3582969710070724","authorIdStr":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3582969710070724"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814525106","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":814522133,"gmtCreate":1630848127822,"gmtModify":1676530405286,"author":{"id":"3584779133668268","authorId":"3584779133668268","authorIdStr":"3584779133668268","name":"NPC69","avatar":"https://static.tigerbbs.com/47e7ac55312ae8dd1c9e7cb92adad089","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3584779133668268"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814522133","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":814526036,"gmtCreate":1630848060325,"gmtModify":1676530405250,"author":{"id":"3570517865216539","authorId":"3570517865216539","authorIdStr":"3570517865216539","name":"Big__Boss","avatar":"https://static.tigerbbs.com/2c36c2fe68f671064d7d1fd9b7268165","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"idStr":"3570517865216539"},"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814526036","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":814569101,"gmtCreate":1630846059203,"gmtModify":1676530404899,"author":{"id":"3575618581298660","authorId":"3575618581298660","authorIdStr":"3575618581298660","name":"GregLord","avatar":"https://community-static.tradeup.com/news/7d3516a57f185abc762678bd4cc522cd","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3575618581298660"},"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814569101","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":814587712,"gmtCreate":1630845680336,"gmtModify":1676530404856,"author":{"id":"3577610430427001","authorId":"3577610430427001","authorIdStr":"3577610430427001","name":"1nu","avatar":"https://static.tigerbbs.com/15789a74f3eb14371af59c44a8f71041","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577610430427001"},"htmlText":"help me like and comment :)","listText":"help me like and comment :)","text":"help me like and comment :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814587712","repostId":1186003479,"repostType":4,"repost":{"id":"1186003479","pubTimestamp":1630719216,"share":"https://ttm.financial/m/news/1186003479?lang=&edition=fundamental","pubTime":"2021-09-04 09:33","market":"us","language":"en","title":"Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next","url":"https://stock-news.laohu8.com/highlight/detail?id=1186003479","media":"cnbc","summary":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonf","content":"<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had ...</p>\n\n<a href=\"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/09/03/stocks-end-week-on-a-downbeat-note-after-disappointing-jobs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186003479","content_text":"Stocks looked to enter the long weekendon a dour note after a disappointing August jobs report.\nNonfarm payrolls rose by235,000 last month, less than half the gain of 720,000 expected. Economists had forecastemployment datato match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy.\nHere are five experts on what this means for theFederal Reserve’s tapering timeline and the U.S.′ economic recovery in the months to come.\nKate Moore, head of thematic strategy for BlackRock’s Global Allocation investment team, says it’s part of the broader supply chain issue.\n“We just don’t have supply of the workers. We don’t have supply whether it’s in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it.”\nNela Richardson, chief economist at ADP, is looking for growth at one end of the labor market.\n“Where we’re going to see the gains, the industries and the jobs that are most poised for gains in the second half of the year are those low-paying jobs that were lost, so it’s very likely that that wage growth declines as these jobs come back and more people come into the labor market. It could be just the artifact of the composition of jobs that are out there now, not really reflective of what would be needed if we were to see a fullsome labor market recovery, which means getting those low-paid jobs back into circulation as well.”\nJudy Shelton, economist and former Fed nominee, is watching the impact on the Fed’s timeline.\n“I think that number is very sad in terms of the real economy, but in some ways it makes for a field day for Fed watchers because now the focus will be on the buildup not just to the Sept. 22 announcement as to whether the Fed will begin tapering, it could be now Nov. 3 or Dec. 15. If we are seeing people not going back to work despite all of the ‘Help Wanted’ signs everyone is seeing in so many shops and restaurants and service industries, if we’re not seeing that, how can the solution be for the Fed to buy more Treasury securities, more agency mortgage-backed securities? I just don’t understand how the Fed can justify its prolonged monetary accommodation. It’s just more cowbell. It’s always the solution.”\nDiane Swonk, chief economist at Grant Thornton, says this is part of a broader slowdown.\n“Unfortunately, we’re seeing a huge deceleration globally as well. We’ve seen really weak numbers come out of China recently, the delta variant is hitting economies that escaped other waves, and I think that’s very important to take into context. That hurts the supply chain disruptions that we’ve seen erupt out there but it also hurts demand. The labor supply issue goes so much deeper. This is both a collision of supply and demand, but demand has slackened. That really has to be underscored. We are looking at GDP growth below 4% in the third quarter now. That is a major slowdown in momentum ... We see child care issues, child care hiring at child care services actually fell again for the second consecutive month, and we saw participation rate among some of those that are single mothers that are the most vulnerable to this still weak, and they are the ones that are going to be not able to return until their kids can stay in school. And the fact that many schools are going back into quarantine after they open, that further mucks up this idea that we had that the labor supply would be there much more readily as we reopen schools, and I think that’s another issue.”\nDavid Kelly, chief global strategist at JPMorgan Asset Management, says watch out for September’s jobs report as it could show the impact of the delta variant spread.\n“Over the last two years, if you look at the wages of production nonsupervisory workers, they are up 9.9% over a two-year period; that is the strongest we’ve seen in 40 years. And what it says is that for various reasons, there just isn’t labor supply in America right now. We’ve got 10.1 million job openings, half the small businesses in America have jobs they can’t fill, so this is really a labor supply constraint, it’s a supply constrained economy. I do think the delta variant is going to have a significant impact in September, more so actually than in the August report because I think it sort of gathered pace over the course of the month. So you’ve got a slower growing economy, you probably still have higher interest rates because you’ve still got higher inflation; that’s going to be challenging for the equity market. And so I think it’s very important to buy things that are well priced here that don’t have huge P/E ratios, huge multiples, because those things will be challenged in a global economy which is growing more slowly with higher inflation and interest rates.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5761438,"gmtCreate":1630846050756,"gmtModify":1663233425336,"authorId":3575618581298660,"author":{"id":3575618581298660,"authorId":3575618581298660,"name":"GregLord","avatar":"https://community-static.tradeup.com/news/7d3516a57f185abc762678bd4cc522cd","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":814587712,"type":1,"supId":0,"prevId":0,"content":"Liked","text":"Liked","html":"Liked"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":2215,"commentSize":1276,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}