About this episode
The episode discusses the U.S. jobs report and its implications for the labor market, alongside updates on Broadcom and Blackstone.
The U.S. jobs report is expected to show 85,000 positions added in May and unemployment holding at 4.3%, as economists describe the labor market as a "low hire, low fire stalemate." Meanwhile, Broadcom's AI chip miss sends South Korean stocks toward their worst week since March and Blackstone caps withdrawals from its flagship private credit fund after redemptions top $4.5 billion. Learn more about your ad choices. Visit megaphone.fm/adchoices
Topics covered
- U.S. jobs report
- labor market
- AI chip market
- South Korean stocks
- Blackstone withdrawals
Keywords
- jobs report
- unemployment
- Broadcom
- AI chip
- Blackstone
- South Korea
- labor market
Mentioned in this episode
Organizations: Broadcom, Blackstone
Places: South Korea
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