US Job Growth Surges, Market Euphoria Predicted To Top, And Musk Foresees Bankruptcy: This Week In Economics

The past week has been a rollercoaster ride for the U.S. economy. From a surprising surge in job growth to predictions of market euphoria topping soon and Elon Musk’s alarming bankruptcy prediction for the U.S., there’s a lot to unpack.

Let’s dive into the top stories of the week.

US Economy Adds 254,000 New Jobs In September

The U.S. labor market showed signs of robust health as it added 254,000 nonfarm payroll jobs in September, a significant improvement over August’s revised figure of 159,000. This pace of job creation exceeded economist forecasts, sparking fresh optimism for the labor market’s resilience.

Read the full article here.

Billionaire Investor Predicts Market Euphoria Will Top Soon

Mark Spitznagel, co-founder of Universa Investments, warns that the current market euphoria, spurred ...

Full story available on Benzinga.com