the markets declined because the idea is that as long as the labor market remains strong, as long as economic activity is moving above what I think consensus estimates are, it implies that the Fed may have to raise interest rates more aggressively.As we move through the next couple weeks and couple months, data that come in hotter than expected, you would expect that the market would greet that more negatively.
from Stocks-Markets-Economic Times
Read The Rest:economictimes...