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ISM Services Data Shows "Narrative Shifting a Little Bit"

ISM Services Data Shows "Narrative Shifting a Little Bit"

Schwab Network · Schwab Network

August 5, 20258m 49s

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Show Notes

Tuesday's ISM Services print shows signs that the economy is slowing, according to Charles Schwab's Joe Mazzola. While he's impressed with how the markets recovered off the session lows, there's concern the SPX will hold or sink below 6,300 if weakness persists. Joe talks about how the data signals a shift away from optimism. He later touches on the role A.I. capex plays in market moves ahead.


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