Marc Chandler – A Dive Into The Jobs Data and The Continued Divergence Of The US From The Rest Of The World
Cory
September 1, 2023
Marc Chandler, Managing Partner at Bannockburn Global ForEx joins us to recap the jobs data and look at the larger picture of how the US is doing compared to the rest of the world. While the jobs number was initially taken as quite negative, which moved markets up (the concept of bad news being good for the market), was then further dissected as not too bad overall. We look at currency moves over the past month and the move higher is yields.
Discussion
3 Comments
Sep 01, 2023 01:50 PM
Sep 01, 2023 01:02 PM
Ditto sound advise imo
Sep 02, 2023 02:39 AM
yup, imo PMs have been “dogs” for years.
ipt a fine example.
Trade a bit, the issue is volume is so low its tuff to make meaningful money.
Things will change tho, I just wonder if I will live long enuff to see it.
Course it kinda fun to give the kids the challenge. 😉
It is a good time to buy when the economy is sound and the market dips but now you don’t want to buy the dip because you don’t know when the stocks will start going down with unprecedented violence. It is not a contrarian’s dream out there, even contrarians need stability. DT