The Stories On Our Radar – August 7, 2020
Headlines influencing today’s markets
- The U.S. jobs report shows that 1.8 million jobs were added in July – but other indicators show weakness in the labor market.
- Trump is turning his eye toward WeChat now alongside TikTok—Chinese tech stocks took a huge hit as a result.
- The Fed’s Main Street program got blasted in a congressional hearing as “a failure.”
- The pandemic is not the “great equalizer” that it was once thought to be—black American workers are facing the greatest risks, and women are also particularly at risk as well.
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