Jobs at a Standstill
August 1, 2025
Walter sits down to kick off August with a video update on the competing narratives we are seeing, from the lackluster jobs report to the robust earnings, especially from companies like Microsoft and Meta. He breaks down the dramatic revisions to previous months’ employment numbers and the negative impact they are having on the market today. In contrast, so far this earnings season, over 80% of companies have reported beating revenue expectations.
Also in this month’s video:
- Labor Market Watch: The new jobs number has substantially shifted the chance of a rate cut in September.
- Tariff Developments: Time is almost up for making deals, and the current expected average tariff is around 15-18%.
- The Volatile Season: What to expect as we move from a seasonally strong period (spring/summer) to a historically more volatile period.
Greenwood Capital is an SEC-registered investment advisory firm. This material has been prepared for information purposes only, is not intended to provide, and should not be relied on solely for tax, legal, or accounting advice. Subtitles are automatically generated.
