Reply To: Traders Market Weekly: Eyes on Powell and Adani Risks

02 Feb '23 at 9:09 am #52733

Participant

Initial claims is an encouraging signal for the labor market, which, in light of Fed Chair Powell’s comments yesterday, is not the scare factor for the market that it has been in the past.

On the contrary, the default view for the market now is to perceive it as good portent for a soft landing.

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