QTR’s Fringe Finance

QTR’s Fringe Finance

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QTR’s Fringe Finance
QTR’s Fringe Finance
Today's "Great" Jobs Number Could Spell Big Trouble For The Stock Market
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Today's "Great" Jobs Number Could Spell Big Trouble For The Stock Market

Here's the game theory behind why today's "good news" jobs number definitely isn't "good news" for equity markets.

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Quoth the Raven
Aug 05, 2022
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QTR’s Fringe Finance
QTR’s Fringe Finance
Today's "Great" Jobs Number Could Spell Big Trouble For The Stock Market
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As most people know already, nonfarm payrolls rose 528,000 for the month and unemployment came in at 3.5%, blowing past estimates of 258,000 and 3.6%.

Source: NY Times

The dominos that are going to fall in response to this report could wind up absolutely torching equity markets. Here’s why:

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