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November 21, 2019

Weakness in the JOLTS data could foreshadow weakness in payrolls and the end of consumer led economic growth.

In several prior posts, we have highlighted that the consumer has been the source of near-term strength in the U.S. economy, but we believe the long-term potential of the consumer is generally tied to a rebound in the corporate sector.  If the corporate sector remains weak, there is a potential risk that layoffs may increase,...
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