Navigating Market Signals: Tom Essaye’s Insight on Growth and Demand
Market Growth and Demand Signals – Tom Essaye Quoted in Barron’s: Strengthen your market knowledge with a free trial of The Sevens Report.
U.S. Stock Futures Slip as Higher Oil Prices Renew Inflation Fears
Economic data on tap includes the ISM services index for August, the trade balance for July, and the release of the Fed’s Beige Book, an anecdotal report of current economic conditions published eight times a year.
“As has been the case lately, the market is looking for signs of slowing demand but not a sharp downturn in growth,” said Tom Essaye, the founder of Sevens Report Research.
“The ISM will be the more important report to watch so a number that is ‘too hot’ or ‘too cold’ will likely see yesterday’s stock market declines extended, while a Goldilocks print will help markets stabilize.”
Also, click here to view the full Barron’s article published on September 7th, 2023. However, to see Tom’s full comments on market growth and demand signals sign up here.
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