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RE: TIB: Today I Bought (and Sold) - An Investors Journal #467 - Marijuana, Soybeans, Bitcoin

in #investing • 5 years ago

Jobs number is probably where it needs to be to give the Fed room to make another cut and align with the market sentiment. However, I think visibility past that is tough with numbers that are still expansionary.

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5 years ago in #investing by
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     5 years ago 

    This is the chart to be watching. When it reverses, there are problems coming

    Sep9U6.JPG

    The challenge seems to have been there were not enough workers to take up the jobs. Two things can move to address that - wages climb or participation improves.

    Source chart here from St Lois Fed - updates each Friday https://mymark.mx/U6Rate

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