Payrolls Come In Weakly – Media to Blame for Slowdown

by Jesse

“The Economy is great.  The only thing adding to ‘uncertainty’ is the Fake News!”

Donald J. Trump

Now we toddle on into September.

The Jobs Report came in unexpectedly weak this morning, and even weaker if one backs out the government census workers, showing a private payrolls growth of only 96,000.

The markets sloughed off this newest piece of data, but in general they just held their ground, although the flushing out and strafing of the safe havens continued somewhat.

Let’s see how things go next week.

Have a pleasant weekend.

 

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