A Robust Job Market – Good News Is Bad News
In hisDaily Market Notes report to investors, Louis Navellier wrote: Market Struggles Post-PowellThe market struggles to find a new equilibrium post-Powell. Futures were up nicely pre-market and it looked like we were headed to a partial recovery from the sharp correction that occurred as soon as Jerome Powell announced his willingness for the economy to suffer pain in order to conquer inflation. Instead, the market has continued to fall into the red shortly after the open. Q2 2022 hedge fund letters, conferences and more The further correction this week after the major gap down last week has ...