The Chase Is On
The bears were ready to sell the jobs news but they turned into short-squeeze fodder instead. The pessimists point to a drop in the labor force participation rate to explain away the drop in the household unemployment rate, but there is no question that more jobs were created in January than anticipated.
As I wrote in my opening post, I'd prefer more volatile action than this high-wire act but we have to take what we are giving and that is a one-way move to the stars and beyond....148 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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