🚨⚡ JOLTs job openings just hit a 2-year high, and that's why the market is reacting positively.
May job openings came in at 7.594 million, well above expectations.$IN
A stronger labor market lowers recession risk, but it also gives the Fed less reason to cut rates soon. $SYN
Markets are still reading it as a soft landing signal, and that's enough to bring risk appetite back.$TAC
May job openings came in at 7.594 million, well above expectations.$IN
A stronger labor market lowers recession risk, but it also gives the Fed less reason to cut rates soon. $SYN
Markets are still reading it as a soft landing signal, and that's enough to bring risk appetite back.$TAC