199,000 jobs for Nov vs ADP's guess of 103,000 caused futures traders to sell major indexes. At this minute the futures indexes are recovering. The number may be short-term negative, but it is long-term positive relative to economic growth and support to my model-based forecast for the stock market. Next week, the marketplace will deal with an inflation report and Federal Reserve FOMC meeting. After those data points and news, I consider a Santa Claus rally. But there will be a correction some day. And the model shows the time frame for such occurrence. Get on board. Join us.
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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 @criticalpointp1
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