We’re seeing mostly technical dip-buying
“We’re seeing mostly technical dip-buying,” said Tom Essaye at The Sevens Report. “Economic growth is undoubtedly and clearly losing momentum, but a soft landing remains more likely than a hard landing. This week focus turns back to inflation.”
Market Multiple Table: Still Overvalued
What’s in Today’s Report: September Market Multiple Table Update: Still Overvalued.
The Real Problem for this Market (Not Growth)
What’s in Today’s Report: The Real Problem for this Market (Not Growth), Weekly Market Preview: Does Weak Inflation Data Make a 50 bps Cut More Likely?
Technical Update (Ahead of Jobs Report)
What’s in Today’s Report: Technical Update (Ahead of Jobs Report)
It’s just concerns about global growth
It’s just concerns about global growth, Sevens Report Research’s Tom Essaye told Barron’s.
Market participants were also rotating out of this year’s winners
Sevens Report Research’s Tom Essaye told Barron’s that while the latest ISM manufacturing survey was weak, market participants were also rotating out of this year’s winners and turning to some underperforming sectors.
Why the Gaetz Withdrawal Sparked Yesterday’s Rally
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Why the Gaetz Withdrawal Sparked Yesterday’s Rally