from Yahoo Finance https://ift.tt/2MCc2yu
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DocuSign, Inc. (NASDAQ:DOCU) Just Reported And Analysts Have Been Lifting Their Price Targets
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El-Erian: Here’s a ‘nightmare scenario’ for the U.S. economy
The big risk with the latest jobs report is if it turns out to be a “head fake” says Mohamed El-Erian, chief economic advisor at Allianz.
“That’s the nightmare scenario,” El-Erian told Yahoo Finance after the US unexpectedly added 2.5 million jobs last month states started re-opening their economies and easing COVID-19 shelter in place measures.
“The big risk is…that this is a head fake, a major head fake that we are picking up the impact of both data distortions and policy distortions,” said El-Erian.
from Yahoo Finance https://ift.tt/2UgC4eN
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Strategist: ‘We should have some caution’ after economy unexpectedly adds 2.5M jobs in May
Invesco Global Market Strategist Brian Levitt joins Yahoo Finance’s Kristin Myers to discuss the May jobs report, after the economy unexpectedly added 2.5M jobs in May and unemployment fell to 13.3%.from Yahoo Finance https://ift.tt/3czsutT
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