Core Insights - The October and November jobs reports indicate a struggling economy, with a loss of approximately 105,000 jobs in October and a gain of only 64,000 jobs in November, suggesting potential challenges for investors in the upcoming year [1][2]. Group 1: Economic Impact on Investments - The slowing macro economy may have limited impact on stock prices, but it could also lead to diverse effects on portfolios, including potential Fed rate cuts [1][2]. - Active ETFs provide flexibility in response to market shifts, particularly if the Fed decides to cut rates further in 2026 [2][4]. Group 2: Active ETFs and Investment Strategies - Active equity ETFs offer a range of options, including small-caps, value, large-caps, and growth, allowing for broader allocations and flexibility in portfolios [3][4]. - T. Rowe Price offers various active ETFs, such as the T. Rowe Price Total Return ETF (TOTR) for fixed income and the T. Rowe Price Equity Research ETF (TSPA) for equity exposure, appealing to investors navigating tough jobs data [5].
What Do Investors Do With the November Jobs Report?