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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Jacob Snyder who wrote (62920)6/16/2022 9:28:27 AM
From: Lee Lichterman III1 Recommendation

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ajtj99

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Employment is such a lagging indicator though. We only started to hear about layoffs and hiring freezes this week even after all the carnage the last few months.
This morning's Philly Fed and housing starts are the ones that got my attention. The multifamily unit plunge was huge. Got homelessness??? I hear you can make tiny homes out of pallets on Pinterest.

SNB raising rates for the first time in 15 years is what spooked the market this morning the most.
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