Markets (^DJI,^GSPC, ^IXIC) are reacting negatively after the July jobs report came in weaker-than-expected. Allspring Global Investments head of active equity Ann Miletti joins Yahoo Finance to discuss the recent market action after the jobs report.

"Volatility, we see it today. A lot of people get a little frightened when they see things like this," Miletti says, "it can be a good thing to let some steam off because the market was pricing in perfection."

Miletti explains that "the market will continue to react to fundamentals both good and bad, but when you see bad news, it going to be bad news. instead of bad news being good news, particularly as it relates to items within the economy."

For more expert insight and the latest market action, click here to watch this full episode of Catalysts.

This post was written by Mariela Rosales.