The Potential for Cuts, ADP vs. BLS, Health of Housing 8/7/23
The Exchange
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The Fed's Next Rate Hikes: When Will They Pitch?
The NASDAQ composite, the real underperformer, a little bit of mean reversion playing out at least marginally. The second worst performing sector in the entire S&P 500 over the last week has been technology. Apple is among the only mega-cap tech names in the red so far; Microsoft and Amazon are up. Tyson Foods was one of the worst performers in the broader S/P 500, down 6%.
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