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    September 6, 2019

    The Job Report Was Worse Than It Appeared

    The Non-Farm Payroll report came out this morning and it was not great.  Nonfarm payrolls increased by 130,000 last month, which fell short of Wall Street estimates for 150,000.  But that is not the entire story. The federal government hired 25,000 temporary workers in preparation for the 2020 Census in August, giving the overall jobs […]

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    June 7, 2019

    A Dismal Employment Report Is Great For Stocks?

    The number of non-farming new jobs was weak in May as employers added a mere 75,000 jobs.  Normally, you would think that this would be bad for the economy and thus usually bad for stocks.  But what it has done is bolster the Federal Reserve’s case for cutting interest rates as soon as this month, […]

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