Surveillance: Labor Market Sends Mixed Signals
Bloomberg Surveillance
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The Stock Market Is Going Against All the Angst in Economics
The Nasdaq is outperforming the Dower did back in May by 9.3 percentage points. Nadia Lovell, senior US equity strategist UBS Global: This continuous narrowing of market leadership is not a hallmark of a new cycle. Tiffany Wilding, Chief Economist PIMCO: We are concerned about the economy going forward. And so we think from a position in standpoint, you want to continue into the defense to lead in a bit into the defensive areas of the market.
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