
- The information services sector was a notable weak spot for July, posting a job loss of 20,000.
- Professional and business services and financial activities experienced payroll declines of 1,000 and 4,000, respectively.
Key Points Ray Dalio, founder of one of the world’s largest hedge funds, believes investors should allocate as much as 15% of their portfolios to gold. The precious metal surged to an all-time high above $4,000 an ounce on Tuesday. Dalio said gold stands apart as a hedge in times of monetary debasement and geopolitical […]
Read More