On July 25 the US GDP came in at 2.8% growth when 2% growth was anticipated, much stronger than expected. That put an interest rate cut back from August to September. There's since been a jobs report showing fewer jobs were created than anticipated in July. We're now expected to believe the world's on the brink of catastrophe because of one soft jobs number, and a delay of a few weeks in cutting interest rates. This will have been forgotten by about the middle of this week.
