Business Rundown: Why Those Recession Fears May Be Overblown
May's jobs report exceeded expectations, with the economy adding 139,000 jobs, many of which were in the healthcare, leisure, and hospitality industries. While the White House and Wall Street were pleased with these numbers, data from last month showed signs of slowing job growth, possibly indicating that employers are still navigating uncertainties related to tariffs, tax policy, and other factors. Nancy Tengler, the Chief Executive Officer and Chief Investment Officer of Laffer Tengler Investments, joins host Gerri Willis to dig deep into the numbers and explain why the report suggests a recession isn't happening any time soon. She does have some concerns about the direction of the economy. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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