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- Aug 1 Weak jobs data is the excuse, Stocks have just run up too high
Aug 1 Weak jobs data is the excuse, Stocks have just run up too high
$AAPL $AMZN
Mukund Mohan
August 01, 2025
Market
“The jobs data for the previous months was lowered as well as the weak jobs added for the month of July, indicating a weakening labor market” 😦 🙀
This still feels like a trap, so I am not taking long positions yet. But all indices were higher
The tariff plan for countries that did not get a deal signed includes Canada, Brazil and Switzerland is pretty steep, ranging from 40% to 50% compared to an average of 15% for most other countries. It seems to be higher than the plan for China.
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