Friday, March 10, 2017

Economic Activity Composite Anticipated February's Strong Labor Report

News
The Economic Activity Composite (EAC)'s trends warned subscribers of future economic strength long before the bullish headlines and commentary. Watch the majority shift from economic bears to bulls as bullish commentary dominates the headlines in the coming weeks/months. Expect the bullish talk to outlast EAC's bullish message. This is why the EAC is tracked in the Matrix for subscribers.

Eventually rising optimism will mark the beginning of the end of today's 'unexpected' economic uptick. The EAC will anticipate the transition from up to down well ahead of the headlines.

Headline: US created 235,000 jobs in Feb, vs 190,000 expected

Nonfarm payrolls increased by 235,000 in February and the unemployment rate was 4.7 percent in the first full month of President Donald Trump's term, the Bureau of Labor Statistics reported Friday.

Average hourly earnings increased by a healthy 2.8 percent on an annualized basis.


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