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Mark Zandi: Market commentary underestimates weakness in June jobs report

Mark Zandi: Market commentary underestimates weakness in June jobs report
June jobs data faces skepticism

Mark Zandi, chief economist at Moody's Analytics, comments on reactions to the June U.S. employment report.

He believes recent commentary was too dismissive of the weak job numbers, despite noise in the data.

Zandi has recently highlighted steady U.S. GDP growth at 2 percent, citing strong investment but cautioning about ongoing consumer pressures in a prior note. In a separate commentary, he pointed out that SpaceX’s record IPO launch occurred the same day the U.S. government imposed export controls on Anthropic’s AI models, according to earlier coverage. His recent remarks add to a series of observations on major economic and market developments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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