Weekly Commentary | September 3, 2023 | A Couple Of Large Distribution Changes Open Up Opportunities
Summary
US labor market cools, raising hopes for a soft landing in the economy.
EPS forecasts have risen significantly in the last month, almost back to prior-year highs.
Unemployment rate hits a 17-month high, with only 187K new jobs created in August.
RA cut the distribution 40% and the price plummeted. I opened up a small position. ZTR also cut big. I…
