U.S. Labor Trendline Looks Worrisome, Economist Zandi Says

The video discusses the uncertainty facing markets due to the pandemic, lack of fiscal support, and election concerns. It highlights the economic data that has been overlooked due to the election, noting that while some indicators like PMI are decent, job growth is slowing. The analysis of job market data from ADP and BLS suggests a worrying trend, with job creation numbers declining over recent months. The speaker expresses concern about the economic outlook in the coming months.

What are the implications of the lack of fiscal policy support mentioned in the text?

What feelings does the speaker express about the upcoming months for the economy?