Equities: Principal's Shah Sees 'Narrow Path' to Continued Upward Moves

Seema Shah, chief global strategist at Principal Asset Management, discusses the outlook for today's nonfarm payrolls report and its potential impact on Federal Reserve policy and equity markets. "At the moment, clearly the market is solely focused on the labor market," Shah tells Bloomberg Television. "But at some point the focus has to go back to inflation, particularly if and when you start to see some of those tariff impacts starting to feed through. Then I think the market could shift its focus."

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