I am urging the Fed chair to wait as there will be adjustments and innovations that keep labor costs down.
It's going to be one hectic week.
This is why using the Philips Curve, in a vacuum, is misleading.
Stocks look very reasonably valued to start the new year.
I am increasingly convinced the only way to generate sustainable trading profits is to wait until the market overreacts and take the opposite side.
These are not numbers that suggest that the economy is on the verge of falling into recession.
Memo to Powell: keep listening, be patient, and enjoy the employment gains.
When the crowd becomes excessively bearish as insiders gobble up stock, it is usually coincident with a market bottom.
From a jobs perspective, I can't imagine a much better report. From the market's perspective, this could be really tricky.
Now the unnerving thing about this market is that when it gets on a negative roll it blows through all convention.