Market Flat After the Jobs Report

July 7, 2023
Author: Peter Stolcers, Founder of OneOption

Lower than expected job growth and higher wages balance out.

PRE-OPEN MARKET COMMENTS FRIDAY – Traders are trying to latch onto any news they can find and we’ve had plenty of economic releases. The underlying goal of central banks is to slow economic growth to the point where inflation subsides without causing a recession. So far, they have been able to walk this tight rope.

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