Strong Job Data Helps With the Repair Process

So the second big component to diagnosing the Macroeconomic picture is out today. Job data rang in at 157K, below the 190K consensus. Yet once revisions are factored back into the mix the rolling 3-month average remains at a productive 224K. Focus should live on the Y-o-Y wage growth of 2.7%, fitting neatly under the 3% gauge that may have Fed Chair Powell arguing for higher rates. On the markets, some leaks have begun the repair process, quelling the negative actions witnessed last Friday and Monday. Need to know more, learn how to get FIT with Financial Intelligence Training. Have a great weekend everyone!