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Let's wait and see. The high figure might be due to downward revisions to November and December. Furthermore, the BLS changed its algorithm this month (Birth/Death model), which may have included some previously uncounted employment estimates.
Regardless, the public opinion this data evokes is clear: it proves the economy is fine, and even attempts to prop up risky markets.
As long as there are responsible people, as long as there is oversight, and as long as Trump wants to win the midterm elections, there's still a bottom line, which is a good thing.

TraderS | 缺德道人
@Trader_S18
虽然这个数字假到我没办法相信,但是对市场的刺激是实打实的,大饼很给面子的瞬间反弹了差不多1000点。如果晚上美股开盘能够延续涨势的话,那就可以事后诸葛亮的说下午是在提前避险了。 x.com/Trader_S18/sta…

I honestly don't understand. With good job prospects and wages exceeding expectations, why is the consumer confidence index declining?!
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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