An already convoluted outlook for markets was complicated further on Friday by a jobs report seen likely to embolden the Fed on the path to
Day: August 5, 2022
Fed Pivot Math Seen Wildly Implausible
According to one popular sell-side strategist, a string of “very hot” US economic data could catalyze a “rip lower” for recently buoyant equities. For the
US Recovers All Jobs Lost To Pandemic
Total nonfarm employment in the US returned to pre-pandemic levels in July, hotly-anticipated government data out Friday showed. It was a milestone. The White House
Careful! It Could Be A Trap
Fade it at 4,200. That’s still the mantra for some strategists convinced the nascent rebound in US equities is likely to run out of steam
