Tom Essaye Quoted in BNN Bloomberg on April 6th, 2023
U.S. stocks rise amid hopes for ‘just right’ jobs print
As investors have aggressively priced in rate cuts this year, a “too hot” payrolls number would undermine those expectations, while a “too cold” report would add to concerns about a hard landing, according to Tom Essaye, a former Merrill Lynch trader who founded The Sevens Report newsletter. Click here to read the full article.