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DOGE $0.0900 +0.95%
ADA $0.2208 +1.02%
BCH $267.17 +4.07%
LINK $12.92 +4.78%
HYPE $85.47 -3.19%
AAVE $132.00 -1.02%
SUI $0.8137 +1.47%
XLM $0.1923 +4.21%
ZEC $1,155.81 -1.96%

Institution: December non-farm data weakness may reignite recession discussions

2026-01-09 22:12:40

According to Jinshi News, Todd Schoenberger, Chief Investment Officer of Washington Crossley Management, stated that the December employment report puts a period on 2025, filled with uncertainty, and weak labor market data may bring recession discussions back to Wall Street.

On the other hand, the weak data provides a basis for the Federal Reserve to cut interest rates again at the meeting in a few weeks, and the stock market's response to rise is reasonable, as traders view the Fed's decision as a booster for the market.

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