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Super Grannies & Market Update – June 30 Webinar Cancelled

Markets Fall and Then Recover After Strong Jobs Number

Good Evening:

The market had a strong week and Consumer Discretionary and Technology led the gains.  However, a negative catalyst in the form of exceptionally strong jobs numbers proved an obstacle for the rally. As economic data has been slowing in some areas, speculation had been mounting that a dovish pivot for the Fed might materialize sooner than markets were expecting. The number this morning makes that outcome less likely. This gives evidence to support the hawkish narrative that unde...

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