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How a robust job market continues to fuel the ongoing stock rally
Manage episode 446638563 series 3603244
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In this episode of Stocks In Translation, Yahoo Finance's markets and data editor Jared Blikre and senior reporter Alexandra Canal welcome Callie Cox, strategist at Ritholtz Wealth Management, to the podcast.
The team explores market resiliency—the ability to endure and recover quickly from challenges like economic downturns or financial crises while maintaining stability.
Cox credits the current market resilience to the strength of the job market. “The job market was incredibly strong in 2022, 2023,” she continued. “The fact that unemployment has been so low, wage gains have been so strong. Even as inflation has come under control, everything's just become more affordable. And we've all stayed employed during the process. That is a rarity in history.”
Twice a week, Stocks In Translation cuts through the market mayhem, noisy numbers and hyperbole to give you the information you need to make the right trade for your portfolio. You can find more episodes here, or watch on your favorite streaming service.
Find this episode's transcripts and more episodes of Stocks in Translation at https://finance.yahoo.com/videos/series/stocks-in-translation/
Yahoo Finance's Stocks in Translation is hosted by Jared Blikre and Sydnee Fried, and produced by Jimi Corpuz
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