๐Ÿ“ฎ[๋ฉ”๋ฆฌ์ธ ์ฆ๊ถŒ ๊ฒฝ์ œ๋ถ„์„ ์ด์Šนํ›ˆ] ๋ฐ์ดํ„ฐ ๊ฒฝ์ œ่„ˆ_2026.

๋ฉ”๋ฆฌ์ธ ์ฆ๊ถŒ ๋ฆฌ์„œ์น˜

๋ฉ”๋ฆฌ์ธ ์ฆ๊ถŒ ๋ฆฌ์„œ์น˜

@meritz_research

๊ณตํ‘œ๋œ ๋ฆฌ์„œ์น˜ ๋‚ด์šฉ์„ ๊ณต์œ ํ•˜๋Š” ์ฑ„๋„์ž…๋‹ˆ๋‹ค

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๐Ÿ“ฎ[๋ฉ”๋ฆฌ์ธ ์ฆ๊ถŒ ๊ฒฝ์ œ๋ถ„์„ ์ด์Šนํ›ˆ]
๋ฐ์ดํ„ฐ ๊ฒฝ์ œ่„ˆ_2026.10.6(ํ™”)

<๋ฏธ๊ตญ 9์›” ๊ณ ์šฉ: ์„œ๋‘๋ฅผ ๋ช…๋ถ„์ด ์ค„์–ด๋“  ์—ฐ์ค€>

- NFP +2.9๋งŒ ๋ช…, ์‹ค์—…๋ฅ  4.2%, ์‹œ๊ฐ„๋‹น ์ž„๊ธˆ 0.1% MoM ๋“ฑ ์ฃผ์š” ๊ณ ์šฉ์ง€ํ‘œ ์‹ค๋ง

- ๊ตฌ์ธ/์‹ค์—…์ž ๋ฐฐ์œจ 1.01๋ฐฐ์— ๋จธ๋ฌด๋ฅด๋ฉฐ, ๋…ธ๋™์‹œ์žฅ ๊ท ํ˜•์ด๋ผ๋Š” ์—ฐ์ค€ ํŒ๋‹จ ์œ ์ง€๋  ๊ฒƒ

- No hiring-No firing ์žฅ๊ธฐํ™”๋Š” ์ทจ์•ฝํ•œ ๊ท ํ˜• = ๊ตฌ์ง์ž ์ทจ์—…๋ฌธํ„ฑโ†‘, ์ž„๊ธˆ ํ˜‘์ƒ๋ ฅ โ†“

- ๋งˆ์นจ ๋ฌผ๊ฐ€์•ˆ์ • ํ๋ฆ„ ํ™•์ธ๋˜๋ฉฐ, ์—ฐ์ค€์ด ์ธ์ƒ์„ ์„œ๋‘๋ฅผ ๋ช…๋ถ„์ด ์ค„์—ˆ์Œ

(์ž๋ฃŒ) https://tinyurl.com/2kd38nbh

* ๋™ ์ž๋ฃŒ๋Š” Compliance ๊ทœ์ •์„ ์ค€์ˆ˜ํ•˜์—ฌ ์‚ฌ์ „ ๊ณตํ‘œ๋œ ์ž๋ฃŒ์ด๋ฉฐ, ๊ณ ๊ฐ์˜ ์ฆ๊ถŒ ํˆฌ์ž ๊ฒฐ๊ณผ์— ๋Œ€ํ•œ ๋ฒ•์  ์ฑ…์ž„์†Œ์žฌ์˜ ์ฆ๋น™์ž๋ฃŒ๋กœ ์‚ฌ์šฉ๋  ์ˆ˜ ์—†์Šต๋‹ˆ๋‹ค.

* ๋ฉ”๋ฆฌ์ธ  ํˆฌ์ž์ „๋žตํŒ€ ํ†ตํ•ฉ ์ฑ„๋„ ๋งํฌ : https://t.me/Meritz_strategy
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