Behind The Curve
Arbor(ABR) Seeking Alpha·2024-08-04 13:00
Matteo Colombo Real Estate Weekly Outlook U.S. equity markets tumbled in a volatile week while benchmark interest rates plunged by the most since December 2008 after a critical slate of employment data showed decisive evidence of weakening labor market conditions, underscored by a rise in the unemployment rate to the highest since 2021. Volatility was amplified by a confluence of major central bank policy decisions, a hit-and-miss slate of corporate earnings results, an intensification of geopolitical r ...