July CPI meets expectations, inflation eases: Will the expected cuts be significant?

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Cow Moo-ney joined discussion · Aug 11 21:07

What caused the recent sell off and market volatility ?

Last Monday's rout was likely caused by a combination of 2 factors, such as fear of recession due to a very poor nonfarm payrolls report and rising interest rate in Japan which resulted to unwinding of Yen carry trades.

Fortunately, the market rebounded strongly later in the week as Thursday's initial jobless claims declined by a largest level since Sep, which helped to calm some nerves.

Meanwhile, we have more economic data coming up this week.

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Cow Moo-ney

Successful investing is about managing risk, not avoiding it. DYODD Support my YouTube channel: Jay el

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