Radio: Doug Cohen on the U.S. jobs report and what this means for the economy
On Friday, October 4, 2019, Doug Cohen, managing director, portfolio management was featured on Bloomberg Radio.
Cohen shared his assessment of the latest U.S. jobs report data and what it means for the economy going forward. “When you really dig through the numbers, the wage growth was not great,” he said “We are decelerating, but at least this report showed that we are not slipping into freefall; it really was relatively stable.”
Cohen also reviewed the outlook for future Fed rate cuts and the impact to markets as a result of US-China trade tensions. The complete Bloomberg Radio segment can be heard here.
Doug Cohen is a senior member of the Portfolio Management team and is responsible for delivering investment advisory services including asset allocation, portfolio construction, and other portfolio management-related services. In addition, Doug oversees the firm’s New York office.