Welcome to the Sunday Primer, One of the reasons the market was down so bad last week was that jobless claims hit a five-month low. The Fed is trying to slow down the labor market, which means they want people to lose their jobs in an effort to fight inflation. When I was first learning about the market, this concept was something that seemed like a paradox to me. Don’t we want low unemployment? After all, if things are going so well, shouldn’t your portfolio benefit?
🚨🛟 British Bonds on Red Alert!
🚨🛟 British Bonds on Red Alert!
🚨🛟 British Bonds on Red Alert!
Welcome to the Sunday Primer, One of the reasons the market was down so bad last week was that jobless claims hit a five-month low. The Fed is trying to slow down the labor market, which means they want people to lose their jobs in an effort to fight inflation. When I was first learning about the market, this concept was something that seemed like a paradox to me. Don’t we want low unemployment? After all, if things are going so well, shouldn’t your portfolio benefit?