05-Aug-24 07:00
Yeap Jun Rong, Market Strategist, IG International
The July non-farm payrolls signalled a weaker US labour market than anticipated, triggering a massive sell off of US equities on Friday. In just a few days, market narrative has flipped from a soft landing to looming recession. Are investors overreacting? Yeap Jun Rong of IG International weighs in on these developments.
Image Credit: shutterstock.com
Created by Tan KW | Nov 21, 2024