"Growth Shock! U.S. Economy Added 312,000 Jobs in December"
"Wages Rise Faster than Expected"
"Manufacturing Jobs Up 37% Year-over-Year"
Of course the markets are exploding to the upside as a result.
Now, clueless ignoramuses like Paul Zeidan will jump in and whine that the unemployment numbers went up, which they did, even though the economy added an astonishing 312,000 new jobs.
However, the reason the unemployment rate went up is because a whole lot of folks who had given up hope of ever finding a job during the Obama years (and therefore were not counted as unemployed), have re-entered the work force. That, of course, is great news for everyone.
Well, everyone except for woefull fools like Paul Zeidan, that is.
S&P 500; +84.05 or 3.43%
DOW; +746.94 or 3.29%
NASDAQ; +275.35 or 4.26%
Russell 2000; +49.92 or 3.75%
Matt
Yes when Trump was still pressing the buttons. ;-)
The Rock
Which it will.
Then it will rise another 18%
Then another 18%
Then another 18%
Then another and another and another
That WILL happen. It's just that no one knows when.
That's true. I just find myself being a little more aware of market swings, and especially downturns, as I age. Another 2008 debacle would certainly change our retirement's financial outlook.
Matt
