Will the Fed Force a Stock Sell-Off? with Dave Mazza
Real Vision: Finance & Investing
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The Macro Landscape in the Jobs Market
The ADP reported much bigger than expected gain in private payrolls in June. The two year yield jumped to 5.12%, a 16 year high on fears the Fed's going to have to be more aggressive when it comes to hiking rates. We did see stocks sell off, although interestingly, stocks bounced off their worst levels and have been sort of making their way back as the day went on. But look, the jobs market is just so dang resilient.
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