One Man’s Opinion: Does A Strong Labor Market In The US Mitigate Recession Risks?

Ulli Market Review Contact

Recessionary fears in the US are a little overworked, said Doug Gordon, Senior Portfolio Manager for Tactical Asset Allocation Strategies at Russell Investments. Recessionary fears were justified may be two months ago, but the strength of the US labor market including the strong payroll gains in the past three months and comparatively lower weekly unemployment claims numbers indicate resilience. To …