According to Mars Finance, on March 6th, a New York Times reporter stated that the timing of this report is extremely unfavorable for the White House politically, and the White House has not yet commented on the data. President Trump now faces a deteriorating labor market and persistent inflation concerns, all against the backdrop of rising oil and gas prices due to the war with Iran. In the past, Trump has dismissed weak economic signals and insisted that the US economy would remain strong during his presidency. But even one of his most valued indicators—the stock market—has been quite volatile this week. (Jinshi)
US media: This month's non-farm payroll report is extremely unfavorable to Trump.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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