Economists: If July's non-farm data is significantly revised down, U.S. stocks will show a V-shaped trend

ChainCatcher news, according to Jinshi reports, TradingKey senior economist Jason Tang stated that the non-farm payroll data for August is unlikely to fluctuate significantly, with the main risk being whether the July data will be substantially revised downwards.

If the July data is significantly revised down, the U.S. stock market is expected to experience a sharp decline, followed by a rebound on the same day. This would indicate a weak labor market, prompting investors to engage in "economic slowdown trades," which could lead to a drop in U.S. stocks after the market opens, followed by a shift to "rate cut trades," driving U.S. stocks to rebound from intraday lows.