Strategist Cameron Crise Comments on Unemployment and Labor Costs Data

According to BlockBeats, on September 5, strategist Cameron Crise noted that although the initial jobless claims did not bring any surprises, the stock market seems to view this as a mildly positive factor. Additionally, the final value of non-farm unit labor costs for the second quarter decreased from 0.9% to 0.4%, a larger drop than expected. This data is quite volatile, so the decline is not as significant as it might initially appear. However, for various financial assets, it is an unequivocal positive.