"Good" News May Be Bad After All - Stocks Slump, Erase Post-Payrolls Gains

Jobs beat and ISM beat but as soon as Europe closed, it all fell apart (despite President Trump's jawboning at how well China talks are going)...

(Click on image to enlarge)

Perhaps this is why - the market is implying a more hawkish Fed (rate-cut expectations are falling)...

(Click on image to enlarge)

 

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.