Stock sell-off, Sahm rule, rate cut predictions: Market wrap

analyzes the day’s top market movements, including the market sell-off, the triggered Sahm-rule recession indicator, and shifting Federal Reserve rate cut expectations.Stock selling off to end the trading week as the July Jobs report shows more cooling in the labor market.You just talked about that July Jobs report and that's what we're gonna start with today.

And so what economist Claudia Sam was looking at here when she did this study for the FED was the unemployment rate on a three month moving average versus the previous 12 month low.And if that gets above 0.5 as it did today, when we got that 4.3 a recession has always come after it.Basically 100% pretty good.

CARACAS, Venezuela — Half a dozen masked assailants ransacked the headquarters of Venezuela’s opposition Friday in an escalation of violence against President Nicolás Maduro’s opponents after several countries called for proof of his claim he had won the disputed presidential election.2024 Paris Olympics soccer: How to watch the USWNT vs. Japan gameThere are many whole grain bread options in stores, but few have simple ingredients.

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