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There’s A Bear In There
The holiday-shortened US trading week wasn't kind to equities.
The world's benchmark risk asset par excellence headed into Friday afternoon on track for its worst week in 18 months, a near 5% pullback capped by a jobs-day downtrade.
Suffice to say stocks weren't enamored with the prospect of a decelerating US labor market and a Fed that might be behind the curve.
A lot of the concern appeared to stem from revisions which lopped a combined 86,000 jobs from the June and July NFP headlines. Th
