The NFP data that just came out indicates a strong US economy. Unemployment rate is at 3.8% historically this is good. Non Farm employment increased but was counteracted by the previous ADP NFP figure which was below expectation hence the no change in unemployment. The hourly earnings is at 0.1% . However you don't expect businesses to be raising wages when wages are already high. I am still pilling into (EJ) till market proves otherwise.
- #28,291
- Apr 5, 2019 9:32am Apr 5, 2019 9:32am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #28,294
- Apr 5, 2019 10:20am Apr 5, 2019 10:20am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #28,298
- Apr 5, 2019 10:54am Apr 5, 2019 10:54am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time