Markets Has Third Consecutive Week Down, Unemployment Rises to 3.7%, Geopolitical Woes Rising Across Globe

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Stocks had their third consecutive weekly decline after a positive start to Friday morning was wiped out. The market has experienced elevated volatility since Jay Powell gave the doves very little to hang onto in his Jackson Hole speech. While investors seemed initially comforted by the jobs report because it had some positive elements, like a rise in the participation rate and headline unemployment rate, that initial reaction was reversed. Some economists speculated that this ...

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