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Investor Jitters As Soft Landing Recedes

Tan KW
Publish date: Mon, 05 Aug 2024, 12:39 PM
Tan KW
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Investor Jitters As Soft Landing Recedes

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

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