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Podcast: Money Life with Chuck Jaffe
Episode: Bankrate's McBride: Signs of weakness have been there, the big worries are new
Description: Greg McBride, chief financial analyst at BankRate.com, says the details of Friday's jobs report "were the unmistakable signs of a slowing economy," and while a slowdown was expected based on recent trends in the indicators, the latest numbers spooked the market into thinking "maybe this economy isn't as robust we thought, maybe it's slowing a little more than we thought." He notes that the conditions are still far from anything that could be described as awful — the payroll number was still positive — but now the market wants more data to see if the Federal Reserve will have to take...