Goldilocks Jobs Friday

Oct 04, 2019

∙ Paid

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…

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