The Jobs Report was stronger than investors expected. Wages were nearly unchanged that may concern some investors given that inflation is high. The report showed evidence of greater interest of the unemployed to return to work. The JOLTS report this week showed sizable amount of jobs available.
Overall, the business cycle model shows a continuation of growth of the economy to occur over several years.
And now, investors return to watching Russia/Ukraine.
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Primary focus on the US stock market and the major grains. Short-term to super-long-term forecasts from the business cycle model, including signals.
Additional model-based opinion/signals include global stock market indexes, interest rates, dollar, bitcoin, gold, oil, the boom/bust cycle of the economy, and the cyclical climate events that can cause crop problems.
For information, education, explanation see criticalpointpod.com.
Email: rich@ag-financial.com
Twitter: @rich_posson
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