This morning non-farm payrolls came in at 243k versus expectations of 140k, far exceeding expectations. This surprising report has put a fire in the capital markets around the globe.
While this is only one report, most economists believe it takes about 210k to bite into the unemployment situation.
Given the Black Cloud CFA Forecast dinner post, and the dialogue I have gladly received from many of you, we now have another positive tea leaf on the table.
Thanks for all of your emails and comments, and thanks for reading our work, we greatly appreciate it!
Have a Great Day and we have another post coming shortly today to slide you lightly into your super bowl weekend !