AUTHOR
Mick Weinstein
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This Apple engineer’s wife was asked ‘to forget everything I know’ about the project.
U.S. stocks are selling off for a fifth-straight day. The Fed minutes could be a catalyst, although stocks are not oversold and volatility remains low.
Labor momentum continues to decelerate, with job growth slowing significantly in August, implying that the inflation-ridden, red-hot services sector may finally be reaching supply and demand balance.
Every single US equity ETF except for Consumer Staples (XLP) posted a gain last week, with the S&P 600 Smallcap Growth ETF (IJT) up the most at +2.79%.