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Investor Jitters As Soft Landing Recedes

Yeap Jun Rong, Market Strategist, IG International

Morning Run · Market Watch · 4 Aug 2024 · 12 mins listen

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

Categories:

markets,economy

Tags:

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

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