News Formal

The global market sell-off is 'temporary': Strategist

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 21 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 63%

Jason Pride Nyheter

Market Corrections,Jobless Claims,Global Market

The number of initial jobless claims filed for the week ending in August 3 fell to 233,000, coming in below the expected 240,000. The cooler-than-expected...

stoked recession fears and kicked off a three-day global market sell-off. Glenmede senior investment strategist Jason Pride joins Catalysts to discuss the latest labor print and what it signals for major markets.

So my question to you is to what extent do you see this sell off continuing and therefore becoming an even more historic moment? In terms of the pressures on the market, there's still gonna be some recalibration on the economic front for people. Uh Our models are basically saying this is not a, you know, guaranteed or, or high likelihood of recession, even with some of the unemployment numbers.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 47. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

BMO chief strategist bullish on Canadian small-cap stocks, provides top picksDaily roundup of research and analysis from Scott Barlow
Källa: globeandmail - 🏆 5. / 92 Läs mer »

Strategist's 3 reasons on why the market will remain steadyUS equities (^GSPC, ^DJI, ^IXIC) are in flux after faced with a large sell-off on Monday, a small rebound on Tuesday, and closing Wednesday's session lower. ...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »