Don't Hire, Don't Fire SPY Amid Tepid Employment Data And College Grad Hiring

  • Despite weak employment data and rising unemployment among college grads, I see the economy in a holding pattern, not deteriorating. AI-driven job losses are a risk, but current data doesn't yet signal certain trouble for SPY. WARN layoff data and jobless claims are elevated but remain within historical norms, supporting a cautious 'hold' on SPY.