-919K Jobs Revision Shocker, But Markets Shrug

The -919K jobs revision made headlines this week. While the headlines sounds alarming, investors seemed unfazed as markets looked past backward-looking data. We also break down the most recent payrolls, hiring trends, and what they may signal for the economy moving forward. Beyond jobs, there was good news on the economy, with positive revisions to GDP growth! We also cover housing- where homes remain unaffordable for many, but mortgage rates have dropped to their lowest levels this year, potentially improving activity ahead. We discuss these topics and much more! This mixed economic picture creates both opportunities and risks worth understanding.