The latest indicators suggest that the economy is growing at a slower rate than expected, with lower-than-anticipated job numbers and minimal wage growth. Additionally, Apple’s recent earnings announcement did not meet expectations. These factors point towards a sluggish economy that is moving slowly.
Dave Spano and Brian Jacobsen of Annex Wealth Management discussed this topic in detail. They believe that the job market is not growing as quickly as anticipated, with wages also showing minimal growth. This suggests that the economy is struggling to gain momentum and move forward at a faster pace.
While it remains to be seen which direction the economy will take in the near future, these signs suggest that it is moving slowly. Stay updated with the latest news and notifications from Annex Wealth Management to stay informed about the evolving economic landscape. Subscribe now to receive important updates and insights.
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