Hot Job Data Squashes Equity Markets

Tim Mulholland, President, TJM Limited

10-Feb-23 07:00

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The recent job numbers from the US has thrown a spanner in the works for equity markets. This may lead to more rate hikes from the Fed Funds and lead to a higher terminal rate. Also is the retail participation in the US stock market still buoyant which may lead to more Meme stocks in play? For insights, we speak to Tim Mulholland, President, TJM Limited, in Chicago.

Image credit: Shutterstock

Produced by: Michael Gong

Presented by: Wong Shou Ning, Shazana Mokhtar, Chong Tjen San

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Categories: markets

Tags: us-china tensions, us payroll, federal reserve,

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