Friday, December 07, 2012

Jobs Report

I've been arguing that the economy is doing better than most of us think.  Todays job's report number supports that.  Unemployment feel to 7.7%.  That's the lowest level since 2008.  According to the government, the US added 146,000 new jobs versus an expectation of 85,000.  

The market likes this number and futures are trending nicely higher now.  Barriers are falling for a potential market ramp into the end of the year.  Now if the politicians in Washington will only get out of the way!