AGP Executive Report
Last update: 4 hours agoU.S. Jobs: The economy added 165,000 jobs in October, beating forecasts, while unemployment dipped to 4.1%—a strong report, though economists caution it may not signal a lasting trend. Canada’s Labour Market: In contrast, Canada lost 4,700 jobs and unemployment rose to 6.7%, adding to concerns about weakening employment. Vietnam’s Growth: GDP surged 9.95% year over year in the third quarter, but QNB says the export boom is concentrated among foreign firms; stronger local suppliers, skills and project delivery will be key to making growth broader. AI Investment: Jefferies warns the spending boom may be peaking: four major tech firms lifted capital spending 108% to $202 billion in the third quarter, but financing costs and uncertain returns could curb future outlays. Clean Energy: India’s transition faces a financing bottleneck, particularly for power grids and transmission, despite available global capital.
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