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Tom Essaye Quoted in Market Watch on September 1st, 2022

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What does Friday’s jobs report mean for the market? ‘Too hot’ and stocks could tumble, says market pro.

The labor market needs to show signs that it’s on the path to returning to a state of relative balance, where job openings are roughly the same as the number of people looking for jobs — and if it does not show that, then concerns about a more hawkish-for-longer Fed will rise, and that’s not good for stocks, wrote Tom Essaye, a former Merrill Lynch trader and the founder of the Sevens Report newsletter. Click here to read the full article.

 

Tom Essaye Quoted in Barron’s on August 30th, 2022

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Job Openings Rise More Than Expected in July to 11.2 Million

There are multimillion more job openings than there are people who are actually looking for a job…said Tom Essaye, founder of Sevens Report Research. Click here to read the full article.