Friday, October 06, 2023

Good News For People Who Love Bad News

When there isn't much job growth, it's bad news, until we have actual job growth, which is really bad news.
Markets shuddered on Friday after a fresh report on hiring pointed to a much stronger labor market than economists had expected, igniting concerns among investors that the Federal Reserve would need to clamp down on the economy more forcefully as it battles to bring inflation under control.
I don't make the rules.