Strong Start to July As Job Market Shows Signs of Softening
Jul 5, 2024
• 5
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“It is only through failure and through experiment that we learn and grow.” ~ Isaac Stern
Good evening,
We hope our readers in the U.S. had a happy and safe Independence Day. U.S. markets were closed on Wednesday afternoon and all day on Thursday, but despite its abbreviated nature, this was an eventful trading week for investors, with the S&P 500 once again setting a new all-time high close on Tuesday.
On the macroeconomic front, arguably the most significant data of the week was released on Friday, with the U.S jobs report. Perhaps more important than the June numbers...