Yield Curves: Not Your Usual Doom Indicator
The yield curve's latest twist isn't your typical harbinger of doom. Normally, a steepening curve after inversion screams recession. But this time, it's more of a friendly wink. Leading indicators suggest the next few months could be smooth sailing. With real PCE steady, payrolls stable, and personal income on the rise, the market’s sunny outlook on a soft landing might just be spot on.
Political Jabs and Job Numbers
The latest JOLTS report is a mixed bag. Private sector job openings took a nosedive to a six-year low, while government job openings soared. Looks like the administration is padding the stats to make things look rosy. Despite this, a drop in job quits suggests workers aren’t feeling too confident about jumping ship. We don’t expect anything less than theatre from politics, but the broader economy isn't falling apart just yet.
Market Corrections: The Friendly Nudge
In bullish years, market corrections are like a gentle nudge to stay humble. History shows that the stock market rises more than 70% of the time, and corrections over 10% are rare. The current correction? Just a routine tune-up, not a disaster. No financial crisis or pandemic panic here—just a healthy, expected adjustment. Keep your eyes on the momentum and don’t let short-term jitters work you up.
Become Rich Overnight with Options? Yeah Right…
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