New Jobs Data Crashes Markets (What You Must Know)
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It was a trio of reports that turned an already shaky market into a disorderly mess. Private credit stocks were hit hard as were cryptocurrencies after ADP, Challenger and a delayed release from the BLS each overwhelmed expectations. Just more negative fuel to the selling fire as the riskiest financial markets were reeling from the economic implications.
Eurodollar University's conversation w/Steve Van Metre
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Challenger Gray & Christmas
https://www.challengergray.com/blog/challenger-report-january-job-cuts-surge-lowest-january-hiring-on-record/
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU