Jobs, Salary Data Spring Stock Market Bear Trap. Next: Q3 Earnings For SPX Firms

By Mike Larson of The MoneyShow

Saturday, October 7, 2023 8:43 AM EST

red and blue light streaks

The “higher for longer” interest rate trade floundered after September employment, wage, and salary data came in mixed. Result? Stocks and bonds rallied sharply along with gold and silver. Big banks will kick off Q3 earnings season next week. Then investors MAY start placing bets on a year-end rally as positive market seasonals kick in.

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