Friday, February 5, 2016

US Jobs Report Keeps Majority Oblivious to #RealEconomy

News
Ever wonder how the majority remains oblivious to the message of the market? The Economic Activity Composite's (EAC) contraction, a trend that significantly increases the odds of an officially-recognized recession in the United States in 2016, continues to elude the majority that generally believes the US economy remains on solid footing. The majority, always a day late and dollar short in terms of timing, will panic only after economic reality completely invalidates their beliefs.



Headline: Jobs report helps ease concerns a recession might be nearing

WASHINGTON (AP) -- U.S. manufacturing is shrinking, corporate profits are declining and goods are piling up on warehouse shelves. Those trends have elevated concern that a U.S. recession may loom in the next year or two.

Yet in the one area that matters most, the economy has continued to shine: Hiring.


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