Investor Jitters As Soft Landing Recedes

Yeap Jun Rong, Market Strategist, IG International

05-Aug-24 07:00

Investor Jitters As Soft Landing Recedes

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The July non-farm payrolls signalled a weaker US labour market than anticipated, triggering a massive sell off of US equities on Friday. In just a few days, market narrative has flipped from a soft landing to looming recession. Are investors overreacting? Yeap Jun Rong of IG International weighs in on these developments.

Image Credit: shutterstock.com

Produced by: Shazana Mokhtar

Presented by: Shazana Mokhtar, Philip See

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Categories: markets, economy

Tags: us labour market, us equity markets, federal reserve, u.s. non-farm payrolls,

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