Market Update: We break down the business implications, market impact, and expert insights related to Market Update: Business Rundown: Jobs Data, Gas Prices, and Reasons to Remain Bullish on the Economy – Full Analysis.
February’s jobs numbers are a disappointment, as the Labor Department reported the U.S. economy shed 92,000 jobs last month. Meanwhile, military conflict in Iran has sparked a surge in oil prices, raising concerns over how high they could go and how long the increase will last. Michael Lee, founder of Michael Lee Strategy, joins FOX Business Contributor Lou Basenese to discuss the jobs data, the Mideast conflict’s impact on energy, and why investors have reasons to be optimistic despite some of the recent economic headlines. Then, Lee discusses which AI companies he’s watching and why the fear of AI killing software jobs may be overblown.
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