Behind The Markets Podcast: John Davi
Behind the Markets Podcast
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The Market Reacted Well Today With the Non-Farm Payrolls
The U6 number, which is the broad measure of unemployment, absolutely dropped to also 6.5 percent. That's an all-time low for the U6 unemployment rate. The ISM services number was expected to be 55 down from 56.5 and it came in at 49.6. I have never seen a miss of year-over-year earnings expectations of that magnitude.
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