- On Dec. 3, the U.S. Department of Labor published the jobs report for November, which Eitelman characterized as messy, due to the conflicting data seen in the two surveys used to compile the report.
- Turning to recent activity in markets, Eitelman noted that the week of Nov. 29 was particularly volatile for both equities and bonds in the wake of news over the emergence of the omicron variant of COVID-19.
- Eitelman stressed that amid this backdrop of uncertainty, it’s important for investors to stick to their long-term strategic plans.
For further details see:
The U.S. November Jobs Report: Good News Or Bad News?