Posted in Newsletter
By: Tom Gentile on August 4th, 2021 • 1 min read
They say the markets climb a wall of worry. That may be true and we may see continued higher prices from here.
The thing is though, they climb a wall of worry until news comes out that what they were worried about was a legit cause for worry.
ADP released a private sector jobs report, which showed a gain of 330,000 jobs for July. This is well short of the consensus estimate of 653,000. The official jobs report will be released on Friday.