Daily market review Aug 2 2024 part 1 (market is grip by fear and fall across the board )

Market was clobbered left right and centre over the week, and after falling to the ground from the KO punch during Aug 1 session, the market was given extra few kicks again with a dismal Nonfarm payroll, there’s no relief for the market at all.

The nonfarm payroll report elicit all sorts of bearish emotion, legitimizing the hard landing claim from econom…