Copiers : 5 Followers : 60 Dear Etorians, 05/09/24 With no catalysts this week, market momentum has subsided. Lower-than-expected payroll data last week fueled hopes for rate cuts this year, which will send the stock market higher. The larger than expected increase in weekly unemployment registrations, which suggests a weakening of the job market, also goes in this direction: an increase in unemployment means a drop in consumption which is boosted by a drop in key interest rates. central bank.