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Podcast: UBS On-Air: Market Moves
Episode: UBS On-Air: Paul Donovan Daily Audio 'Fragility'
Description: Last Friday’s US employment report revisions were in line with a fragile labor market narrative. The story is still “not hiring, not firing.” Falling manufacturing employment is consistent with policy uncertainty. The most troubling development on Friday was not the data, but US President Trump firing the Bureau of Labor Statistics commissioner.