Don’t just do something …. Sit There ! – A Great Employment Report – Jeremy Siegel

Liz Saunders, strategist and peer in the industry recently penned a great quote about the current market environment …

Don’t just do something … Sit there !

Given the current market movements it seems hard to do sometimes … and while we are making minor adjustments, NOTHING big!

Last Friday a Super Employment Report

Here is what we have all been waiting for:

  • They are coming back – workers that is
  • Greater overall workers participation rate

 

2-6-16 Participation rate

Unemployment rate falls into the 4’s — 4.9% — NICE

Fewer Unemployed

2-6-15 Unemployment Rate of 4.9%

Best of all — they are getting paid more!

2-6-16 Average Hourly Earning change

With two third of the economy being consumer driven… Can the following be bad?

  • More are working
  • Fewer are unemployed
  • They are FINALLY getting paid more

Just remember …

Markets have predicted something near 9 of the last 5 recessions !

Have a Great Wednesday !  Tonight I get to attend a dinner with Jeremy Siegel .. More to come !

John A. Kvale CFA, CFP

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225

 

 

 

 

One response to “Don’t just do something …. Sit There ! – A Great Employment Report – Jeremy Siegel

  1. Pingback: Insiders Buying .. Buying .. Buying – Hitting the Road | $treet-¢ents

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