The Weekly Bottom Line: More Fuel to the Recession Debate

U.S. Highlights The U.S. economy added a whopping 528k jobs in July, pushing employment above its pre-pandemic level. The unemployment rate also ticked lower, falling back to its pre-pandemic historical low of 3.5%. Sentiment indicators also surprised to the upside, with the manufacturing sector faring better than expected and the services sector pointing to plenty […]

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