SFY - Good Economic News Overshadowed By Kung Flu And Sanders Risks

January private sector jobs growth solidly beat expectations (206K vs. 155K), but benchmark revisions going back many years reduced the number of people currently working in the private sector by 440K. Jobs growth in earlier periods was revised downwards, but growth in the past six months was increased. A mixed bag, to be sure, but in the end neither worrisome nor cause for celebration. At worst, the economy appears to be on a slightly slower growth track now than it was in the first two years of Trump's administration. At best, the economy appears to

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