Bad News Is Good News
The Fed has breathing room to cut interest rates and the market rebounded from a weak jobs report yesterday.
PRE-OPEN MARKET COMMENTS TUESDAY - Last week the market tumbled from an all-time high after a substantial drop in employment. Inflation is relatively tame so the Fed has room to cut rates in September. This safety net will soften the blow from weak economic releases, but only to a point.
Daily Bulletin Continues...