Payne's Perspective: May 8: Listen to the Market
5/8/2023
Even with a monster rally on Friday, the market finished the week lower. Still, the narrative is undoubtedly changing after the reaction to the jobs report went beyond the headline number and game of low-bar consensus. Only three sectors eked out gains as investors eased back into traditional safe havens. Size Still Matters Large-cap growth nudged ever higher, but small-cap growth caught a bid. The big storyline is ‘value’ at any size is still sucking wind even as most Wall Street prognosticators sing its praise. To read the full report contact your account representative or email Info@wstreet.com
Charles Payne
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