Quote:
Originally Posted by cabmando
We're all domed if I recall correctly. 
Let's get a grip... it was one bad jobs report. Yeah yeah... the last one was revised down but still good. The problem is the benchmark is 2018 hiring averages... 2019 is lagging behind.. who would have thought? With "full employment" hiring is slowing. And let's not forget it was a rough weather month... let's see what happens when the sun shines and things dry up. |
You miss the point of this Thread. The news itself DOES NOT MATTER..
The point is that negative news is viewed as a positive by the Equity market. Where Equities RISE on negative news in an ALice In Wonderland fashion.
The second point is that the locus of power is the FED and its actions. That all the other happenings in the world are just blips on screen that are essentially trivial noise that DISTRACTS from where the real power lies.
Simple people are distracted by shiny objects...yourself included.