Market Mania – FinX Weekly Top 10 #12
“When it comes to looking at the the totality of the labor data, it demands context. It demands study….by all accounts, the labor market is in balance, almost perfect balance.
The major issue when it comes to what you hear versus what reality is versus maybe predicting the future is you\\\’re only going to be able to ascertain the reality through research, through looking at the data objectively.
And the reality behind the headlines is that while the labor market is in balance, that balance only includes creating possibly on average 50,000 jobs a month.
And you’re not going to find economists with the ability, the actual ability to appreciate 50,000 jobs on average a month when you’re coming from levels of 100, 150 to 200,000 a month. That doesn’t look strong.
