Veteran Analyst Warns of Risks Amid Mixed Market Signals and Weak Jobs Data
TL;DR Summary
Veteran analyst Jim Welsh warns that the US economy is following a 17-year super cycle that could lead to a major downturn within the next two years, driven by deteriorating labor market indicators and high market valuations, potentially triggering a prolonged bear market and significant declines in the S&P 500.
- Forget rate cuts: Veteran analyst rings alarm on S&P 500 TheStreet
- Wall Street’s dilemma: How Fed rate cut hopes clashed with slowing jobs growth CNBC
- Stock market today: S&P 500, Nasdaq, Dow make a U-turn lower after jobs report shows dramatic slowdown Yahoo Finance
- US stocks brush record highs as weak jobs data fuel rate cut bets Reuters
- Stock Market Teeters on Job Miss. Investors Shouldn’t Give Up Yet. Barron's
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