Tengler on Job Growth, Declining Earnings & Market Volatility
The U.S. added 272,000 new jobs in May, surpassing expectations. Nancy Tengler, CEO and CIO of Laffer Tengler Investments, discusses the implications on Yahoo Finance’s Catalysts. She notes a slow decline in earnings and savings, especially for lower-end consumers, and highlights the market volatility caused by algorithms and hedge funds. Despite this, Tengler sees opportunities to buy low amid these swings
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