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Institution: Weak December Non-Farm Data May Reignite Recession Talks
Summary: According to sources, Todd Schenberger, Chief Investment Officer of Washington Crossing Advisors, stated that the December employment report marked the end of 2025 with uncertainty, as soft labor market data may bring back recession discussions on Wall Street. On the other hand, the weak data provides a basis for the Fed to cut rates again ...
According to sources, Todd Schenberger, Chief Investment Officer of Washington Crossing Advisors, stated that the December employment report marked the end of 2025 with uncertainty, as soft labor market data may bring back recession discussions on Wall Street. On the other hand, the weak data provides a basis for the Fed to cut rates again at its upcoming meeting in a few weeks, leading to a reasonable stock market rally in response, with traders seeing the Fed's decision as a tonic to drive the market higher.
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Link: Institution: Weak December Non-Farm Data May Reignite Recession Talks [Copy]
