Goldilocks Jobs Friday

Kaoboy Musings 6 – 10/4/2019

Goldilocks Jobs Friday

And now for the Big Kahuna Economic Number of the Week: 

The US added 136k jobs, and the unemployment rate fell to 3.5% from 3.7%, a 50-year low.

To me, this sounds like a “Goldilocks” number — not so high so as to turn the Fed “hawkish,” not so low so as to damage fundamentals.

Last night, I attended a panel on the state of the econo…