Tom Essaye Quoted in Barron’s on August 30th, 2023
U.S. Stock Futures Waver After Rally With More Jobs Data in Focus
“There are no Fed speakers today, so investors will be looking for more evidence that supports a continued pause in the Fed’s rate hiking cycle (or peak rates already being in) and ultimately a soft landing,” said Tom Essaye, founder of Sevens Report Research. “Anything that contradicts that narrative will be a headwind on equities and other risk assets today.”
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