Recession Fears Slam Stocks

Written By Timmy Adami

August 1, 2024

MRKT Matrix - Thursday, August 1st

  • Dow slides 600 points, on track for biggest sell-off of 2024 (CNBC)

  • Bond Traders Are Fully Pricing In Three Fed Rate Cuts This Year (Bloomberg)

  • September Rate Cut Would Thrust Fed Into Brutal Election Campaign (WSJ)

  • US Job Market’s Pandemic Unwind Puts Recession Signals to Test (Bloomberg)

  • China’s Private Factory Gauge Dips for First Time in Nine Months (Bloomberg)

Timmy Adami
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