Tom’s Weekly Newsletter August 04, 2021

Tom Gentile

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By: Tom Gentile
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.