By Dominique Dwor-Frecaut 14-01-2020

Cracks In The US Labour Market Could Pressure Equities

(4 min read)
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• The latest US labour market data showed a further slowdown in labour income. This will likely drag down consumption growth and, from mid-year, push unemployment higher.
• Meanwhile the TINA (there is no alternative) rally is likely to continue, helped by low yields and the Fed’s willingness to provide additional support if needed.

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