What I Read This Week…

The U.S. labor market showed mixed signals in June, the investment world is increasingly focused on geopolitical risks, and Europe's militaries are facing significant personnel shortages

Watch All-In E186 Read our Deep Dive on U.S. Defense Caught My Eye… The U.S. economy added 206,000 jobs in June 2024, exceeding expectations, but the unemployment rate rose to 4.1%, its highest level since November 2021. What do these mixed signals mean for the Federal Reserve's interest rate policy? The Federal Reserve's dual mandate requires it to promote maximum employment and price stability, so some see the unemployment rate increase as a factor that may lead to two potential rate cuts this year, with the first expected in September or November. However, economists note that while…

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