top of page

Goldilocks Jobs Report

Joe Fernandez

Nov 8, 2023

What It Means for the Fed and Investors

There's a common saying among investors that markets take the stairs up and the elevator down. This is because the long-term trends that drive markets higher tend to be slow moving and compound over time, whereas the events that create short-term panic tend to be sudden and unexpected. At the same time, history shows that even new market lows tend to be higher than previous peaks. In other words, markets often take the stairs up several floors before riding the elevator down one or two levels.

2023 11 08 What A Goldilocks Jobs Report Means for the Fed and Investors
Download PDF • 717KB

bottom of page