Mickey Welcher in Times of San Diego

Check out this article for this great blog by Envestim’s Founder, Mickey Welcher.

tos_logo_65px_newbronze

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.

Read the rest of the article here.

Recommended Posts