MARKET DAILY

Market 08/01: Employment Data Warns of Recession

Market deep red, all plunge sharply

Steve Le
Steve Le

Key highlights

  • July jobs report red alert

  • Unemployment rate rises as forecast

  • Market reacts strongly after report

  • Fed Waller correctly predicts market

  • Tariff situation update

  • UMich survey positive, inflation expectations decline

  • Manufacturing PMI continues to contract

  • Europe: CPI data stable

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