Mickey Welcher in Times of San Diego
Check out this article for this great blog by Envestim’s Founder, Mickey Welcher.
Why Lackluster Jobs Report Is Good for Stock Market
Strange as it may sound, last Friday’s job report came in below expectations, and it’s actually a good thing if you’re in the stock market. That’s because the Fed is using the unemployment figures as a key determinant for raising interest rates. Given last week’s news on the state of the U.S. workforce, a September hike is likely off the table.
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