Dow Dumps On Strong "Blowout Jobs Report"Posted By James Brown |
Thank goodness you posted! The market always rallies after you post one of your patented "Dow crashes because of Trump/R policy/etc." posts.Originally Posted by Rod Kaufman"The selloff comes as the economy added 256,000 jobs in December, far outpacing expectations of around 153,000 jobs. While strong job growth signals a healthy economy, it raises the question of how soon the central bank needs to cut interest rates again."
"Additionally, President-elect Donald Trump’s proposed tariff policies, including reports of declaring a national economic emergency to impose widespread tariffs, has spooked investors, sending bond yields surging."
https://www.cnn.com/2025/01/10/investing/us-markets-jobs-report/index.html
I was getting tired of the sluggish market too, and was hoping you'd work your magic!!