Tim Holland, CFA, Senior Vice President, Global Investment Strategist
On this week’s podcast (recorded October 13, 2017), Tim discusses why the jobs market turned south after seven years of net job growth, and if the disappointing September report is a harbinger of a weakening economy or possibly even a recession.
- According to the Department of Labor, the U.S. lost 33,000 jobs in September, marking the first month in seven years that the labor market failed to expand.
- One can assume Harvey and Irma had a significant – and temporary – impact on the jobs market.
- While Hurricanes Harvey and Irma were tragic events, we don’t see them having a lasting, negative impact on the economy, which remains on very firm footing.
For Tim’s full insights, click here to listen to the audio recording.
The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.
Noreen D. Beaman, Chief Executive Officer
As today marks the 16th anniversary of the September 11 terrorist attacks, we remember those who lost their lives and honor those still fighting for our freedom. We grieve, empathize, and reflect on the day’s events that forever changed our country. From the pain of this unspeakable tragedy, American’s came together to build a stronger, more resilient community.
Since then, we continue to come together in times of adversity. Whether it be Hurricane Katrina, Super Storm Sandy or most recently, Hurricanes Harvey and Irma, the people of this country always can be counted on to reach out and help those in need.
In response to Hurricane Harvey’s destruction, Brinker Capital employees generously donated to the Houston Food Bank, which provided 36,960 meals to help those affected by Hurricane Harvey. Additionally, Brinker Capital will be taking new donations to help those who have been displaced by Hurricane Irma in the coming days.
On behalf of the Brinker Capital family, our thoughts are with the everyday heroes who have helped make our nation stronger today.