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Real Growth Is Good

October 31, 2013 Leave a comment Go to comments

On a day when we got another bad jobs report, the market took off.

Market Rises On Bad Jobs Report

But as this day wore on, the markets came back down and ended negative. The initial surge came because traders knew a bad jobs report would keep the Fed pumping money into the economy to maintain our meager growth. As cooler heads prevailed, the realization that what we really want is real growth settled in.


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