Everytime the unemployment rate gained momentum, the SPX lost.
Historically, we have one of the lowest unemployment rates, although being in a very negative environment.
Due to the high inflation and recent interest rate hikes, businesses depending on liquidity and cheap capital might start with layoffs.
The layoffs will trigger lower consumer data, this will push the economy into a depression and the stocks downwards.
Historically, we have one of the lowest unemployment rates, although being in a very negative environment.
Due to the high inflation and recent interest rate hikes, businesses depending on liquidity and cheap capital might start with layoffs.
The layoffs will trigger lower consumer data, this will push the economy into a depression and the stocks downwards.