Pessimism about labor market 'overdone', TS Lombard's Perkins says

1 week ago 1
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U.S. recession fears have been reignited after a weak jobs report; however, the renewed concerns about the labor market are "overdone", TS Lombard's Dario Perkins said.

"Our view, however, is that the current pessimism about the U.S. labor market is overdone. We don’t think

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