About this episode
MRKT Matrix - Friday, August 7th
S&P 500 rises as it wraps up banner week with traders seeing bright side of dismal jobs report (CNBC)
Bank of America says bullishness highest since 2021. So it’s time to bail on ‘risk assets’ (CNBC)
BlackRock’s Rieder Sees AI Helping Buoy GDP Even as Hiring Slows (Bloomberg)
Lethargic Wage Growth Recalls the Painful Post-2008 Job Market (Bloomberg)
Garbage-Truck Margin Boost Shows the AI Profit Boom Has Begun (Bloomberg)
S&P 500 Earnings Season Update (FactSet)
Facing AI ‘Apocalypse,’ Once-Hot Software Companies Race to Reinvent Themselves (WSJ)
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