The holiday-shortened week was action-packed, at least in terms of market volatility, and for the CE 100 Index the overarching theme might be summed up with the phrase “look out below.”
The CE 100 Index was 4.3% lower, and all pillars swooned, finishing universally lower in the four days that marked the return to work and trading after the Labor Day holiday.
Economic data released this week, specifically the jobs report, spun markets. The labor market is in a slowdown, as evidenced...