The recent indications suggest that the economy is moving at a slow pace with a lower-than-expected jobs number, slower wage growth, and an unimpressive Apple earnings announcement. These signs indicate that the economy is progressing at a sluggish pace. Where exactly is it headed? Annex Wealth Management’s Dave Spano and Brian Jacobsen delve into this discussion.
While the job market seems to be growing at a slower rate than anticipated, wages also show minimal growth. Additionally, Apple’s recent earnings announcement was not as impressive as expected. These factors combined paint a picture of an economy that is struggling to gain momentum and move forward at a faster pace.
Overall, the signs are pointing towards a sluggish economy that is moving slowly. It remains to be seen which direction the economy will take in the near future. To stay informed about the evolving economic landscape, subscribe now to receive important updates and insights from Annex Wealth Management.