The jobs numbers! The Jobs numbers! It’s like Christmas for those in stocks. Guaranteed to be positive. They could fire 1 million people tomorrow but the jobs numbers show +200,000 and the market would roar higher. Get your facts straight. The U3 rate is fake. The jobs numbers don’t give you a picture of the actual employment. Stats can be manipulated and they can also be real. You just have to piece the puzzle together…Or just buy 7 shares of Amazon and retire a zillionaire.
Jobs numbers came out and they’re fantastic. Excellent. Amazing. And we should take them as a sign that the U.S. is still booming and has been for the last 10 years straight, right? I mean, jobs numbers are showing us that the U.S. is impervious to all economic woes currently present across the world. No way the U.S. is going to face recession with the Fed protecting us. But wait a minute, what’s this?
Markets: Indexes, Bonds, Forex, Key Commodities, ETFs
Job layoffs surge 35% to highest level to start a year in a decade
Nonfarm payrolls bounce back in March with 196,000 gain
www.cnbc.com/2019/04/05/nonfarm-payrolls-march-2019.html
Employment Situation Summary Table A. Household data, seasonally adjusted
www.bls.gov/news.release/empsit.a.htm
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www.zerohedge.com/s3/files/inline-images/retail%20workers%204.5.jpg?itok=z83UFRj7
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www.zerohedge.com/s3/files/inline-images/mfg%20employment_0.jpg?itok=fT35Qcfu
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www.zerohedge.com/s3/files/inline-images/avg%20weekly%20earnings%20mfg%20employees.jpg?itok=jX5A_iYm
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www.zerohedge.com/s3/files/inline-images/change%20in%20FT%20vs%20PT.jpg?itok=4lvCyBY9
Here’s where the jobs are — in one chart
www.cnbc.com/2019/04/05/heres-where-the-jobs-are-in-one-chart.html
US-China trade: New consensus reached, says China’s Liu He
www.cnbc.com/2019/04/05/us-china-trade-new-consensus-reached-says-chinas-liu-he.html
Trump: Economy would take off like ‘rocket ship’ if Fed cut rates