The labor market and economy are not collapsing: Strategist

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Nasdaq Composite News

Edward Jones,Roller Coaster Ride,Trading Session

The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) are reversing some of the gains made in Thursday's trading session as volatility rocks the market. Edward...

) are reversing some of the gains made in Thursday's trading session as volatility rocks the market. Edward Jones senior investment strategist Mona Mahajan joins Catalysts to discuss the movement and how investors can best navigate this roller coaster ride.

Um And keep in mind, look, we've seen this week alone, the jobless claim figures that came in below expectations provided a little comfort to the market that is really looking for direction on a couple of things. So the mono what's going to be the catalyst because it seems like investors did overreact a bit, maybe there's not too much to be worried about.

Um You know, when we think about a bear market, a 20% plus decline in the stock market, those usually happen for a few reasons.Two, the fed tends to be raising rates when we're in a bear market or three. And so that's why we think this volatility, we know corrections are the norm 1 10% to 15% correction can happen in any given year.And Mona real quick, when you take a look at tech specifically, we're gonna talk a little bit more about this later in the show.

 

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