KG: SPX "Clawing Back" After ISM Services, ADP "Big Deal" for Small Business
Schwab Network · Schwab Network
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Show Notes
A better overall ISM Services number gave a boost to Wednesday's trading action, says Kevin Green. He explains why the print is "pretty decent" following what investors saw the month prior. As for ADP employment, KG considers the pressure on small businesses important as they employ around 50% of the U.S. workforce. It's something he believes pushes the Fed to cut interest rates this month. KG continues to eye natural gas levels amid a swirl of macro and geopolitical movers.
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