JUSA - Weekly Market Pulse: Windshield Investing

• The economic slowdown we’ve been writing about for months officially arrived last Friday in the form of a particularly weak employment report.
• But the US economy did still add 235,000 jobs in August. The economic recovery is still intact, even if at a reduced rate of change.
• The economic weakness in the current data was already priced into the bond market over the last few months.
• A lot of the market moves last week actually seemed to point more to the end of the slowdown rather than a continuation.

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