ADP employment decline.

Announced on September 5, 2024 at 21:15.ADP employment (compared to the previous month)The result was 0.111 million people compared to the previous month.0.099 million peopleIt was.

It is a decrease for the fifth consecutive month.

In the current market environment, concerns about economic downturn are increasing.stock market declineThis is the factor.

Announced at 23:00 yesterday.JOLTS job openingsResulted in 7.673 million people compared to 7.91 million people in the previous month.7.673 million people.It was.

JOLTS job openingsHas been on a declining trend since the peak in May 2022.

Unemployment rate.Considering the rising trend, it is natural for the number of job openings to decrease.

What is noteworthy is whether interest rates will decrease and the economy willbe revitalized?

From the perspective of global economic slowdownCrude oil futures WTIforming a downtrend.

This leads to inflation stabilizationStocks are rising.This will be a contributing factor.

By changing the perspective, it can be said that the price of crude oil will decrease.It can be said that it is becoming a recession.From the perspective of inflation stabilization.

It is a factor, but from the negative viewpoint of economic recession concerns.Stocks are rising.It can be said.stock market declineThis will be a contributing factor.

The current market is directionless, so it is not possible to make predictions.

I, as an individual, believe that the stock market will enter a range market due to inflation stabilization.Bull market.I expect a shift to an upward market.

Even if prices fall and interest rates decline, if the economy does not improve, investing in US stocks will lose its appeal.