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  1. TSP Talk: The jobs report triggers significant rally

    The jobs report was pretty strong on Friday except for one area, and investors pounced on it. Wage gains were much lower than expectations, so despite the 223,000 jobs created and the decline in the unemployment rate to 3.5%, the market rallied because they believe the Fed is most concerned with controlling wages to keep inflation from heating up again. The ISM report was weaker than expected and in a world where bad news is good news, the market applauded that as well and the Dow gained 701-points ...
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