Comments on Market Volatility 2/8/2018
Recent market volatility, while significant, does not appear to be tied to a specifically sinister event. In what is perhaps a case of good news (stronger earnings) leading to bad news (interest rate increases); markets are adjusting in anticipation of change.
JPM Market Insights, Market Recap 8/7/2017
The July employment report was a positive surprise, with nonfarm payrolls rising by 209,000 last month. Despite an increase in the participation rate, the unemployment rate fell to 4.3%, matching the May 2017 reading as the lowest level seen in 16 years, as shown in this week’s chart.