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SMLL - Labor Market Volatility Is Not A Sign Of Recession; The Consumer Is Stronger Than Ever
Direxion Daily Small Cap Bull 2X Shares
Weak Labor Markets? I Don't Think So
Contraction in manufacturing and a less-than-expected NFP figure have raised the specter of weakening economic conditions once again. I am here today to tell you the labor market is not weak, far from it in fact. The NFP may have missed expectations but labor markets are tight, wages are on the rise, and the consumer is getting stronger and stronger. Yes, there is some volatility in the labor market but any spot of weakness is offset by a spot of strength that adds up to the increasing activity