Weak Jobs Report Rattles Markets

The Labor Department's July jobs report, released this morning, revealed a slowdown in job creation and an increase in the unemployment rate to 4.3% - the highest since 2021. The report triggered a selloff in stocks and a significant drop in interest rates on Treasury bonds. This video explains essential information about:

      1. The current state of the job market

      2. The latest market expectations for Federal Reserve rate cuts

      3. The most recent inflation data

      4. Falling commodity prices

      5. The 2nd quarter GDP report