Sharp sell off
We saw a sharp sell off in the market on Monday as both S&P500 and Nasdaq clocked its worst day in 2 years.
Some are saying it’s due a weak July jobs report that caused concerns that the Fed is too slow to cut rates and there could be a recession, while others are saying it’s due to the Yen carry trade
Interestingly, we are seeing a nice rebound in Futures now. Has the sell off ended?
Some are saying it’s due a weak July jobs report that caused concerns that the Fed is too slow to cut rates and there could be a recession, while others are saying it’s due to the Yen carry trade
Interestingly, we are seeing a nice rebound in Futures now. Has the sell off ended?
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