Market Participants and Payroll Employment

gdp: In April, total nonfarm payroll employment rose by 263,000 jobs, far surpassing Wall Street expectations, according to Global Times China. Illustration Luo Xuan/GT In the face of these seemingly robust economic data, expectations among market participants and US officials for the economy are high, and many believe it can maintain long-term prosperity. US GDP grew at an annual rate of 3.2 percent in the first quarter. However, considering US economic cycles, the recovery plus growth that has sustained for nearly 10 years is bound to be approaching a turning point. The exaggeration of economic growth is mainly reflected in the GDP, employment and stock market. Further analysis of the booming US macroeconomy reveals major risks. (news.financializer.com). As reported in the news.