Tech Rallies as Soft Jobs Report Eases Fed Fears

1 year ago
69

A glimpse beyond the headline number in today's non-farm payrolls report confirms what I've been saying for months: the "strong labor market" is a lie. After today's lackluster report, the dollar is falling sending stocks higher with tech names leading the charge. But behind the curtain, there is liquidity and interest rate trouble brewing in the banks and bond market that tech investors seem happy to ignore.

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