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  1. August Jobs Report

    Job growth falls short of expectations as August payrolls rise just 130,000

    KEY POINTS
    Nonfarm payrolls increased by just 130,000 in August, in large part to the temporary hiring of Census workers.

    The increase fell short of Wall Street estimates for 150,000, while the unemployment rate stayed at 3.7%, as expected.

    July and June job figures were also revised lower.

    Average hourly earnings increased by 0.4% in August and 3.2% over the year,
    ...
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    Miscellaneous
  2. Positive trade news keeps rally going

    Stocks gapped up for a second straight day on Thursday after some positive trade headlines out of China. The Dow gained 373-points, and it was a sea of 1% plus green across the indices. If there was any negatives it would be that the highs were made in the first hour of trading, and from there we saw a modest drift lower. I suppose we can't blame investors for locking in some gains with the possibility of the next headline or Tweet just a quick click away. We saw some big moves technically ...
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