The labor market is beginning to show signs of deceleration as interest rate cuts begin to begin.
The four-week moving average of the number of new US unemployment insurance claims has risen to 207,750, and it has recorded a significant increase since November last year.
The Federal Reserve faces the risk of leading to an unnecessary recession due to delays in the start of interest rate cuts.
However, considering that long-term bonds are being bought due to concerns about a recession, this is a tailwind for the stock market.
mitu1147 : Sorry for commenting. What does it mean when long-term bonds are being bought is a tailwind for the stock market?
182612802 mitu1147 : Cub Scout has by