Defiant Job Claims and the Elusive Definition of Recession

Walter Todd on BBC World Business Report

Job numbers are up, unemployment is down, and the question of recession is up for debate. Walter Todd, President and CIO at Greenwood Capital, was featured on BBC World Business Report this past Friday evening. He discussed the recent news in the US labor market, including whether the positive turn in job numbers implies that the Fed needs to take more action to control inflation.

Walter’s segments start at 1:52.

Listen to the full interview here.

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Greenwood Capital is an SEC registered investment advisory firm. This material has been prepared for information purposes only, and is not intended to provide, and should not be relied on solely for tax, legal or accounting advice.

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