Economics
Why the Strong Jobs Report May Have Caused the Stock Market to Tumble
It looks like the market is pricing in tighter monetary policy
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Before we begin, let's get something out of the way: You never really know what's causing the market to move in any given way. At best you can make some educated guesses about the factors that are driving the moves.
Still, it's interesting today that after a very strong jobs report the stock market is tumbling and interest rates are spiking.