weatherweenie's account talk

If anyone is interested in joining a NFL and college football picking league, for fun/no cost, send me a dm with your email address. I will send you an invitation to join the group.
 
Longing for the day when credit is given for successfully stearing the economy through a very difficult time
'A series of economic data supported a solid economy, easing fears that perhaps the Federal Reserve is cutting rates aggressively because of the economy slowing.
Weekly jobless claims fell more than expected, pointing to a steady labor market. Durable goods orders for August were unchanged versus economists’ expectations for a decline. And the final reading of second-quarter GDP was unrevised at a strong 3%.
“If there’s a problem in the labor market, it’s not showing up in the weekly jobless claims data. As is always the case, though, the monthly jobs report will play a bigger role in defining market sentiment,” aid Chris Larkin, managing director of trading and investing for E-Trade from Morgan Stanley. “But until there’s evidence to the contrary, numbers like this will likely keep soft-landing hopes alive and well.”
 
Certainly giving credit to the data has been rewarding the bulls. And skepticism is healthy for stocks -- keeps the market climbing a wall of worry.
 
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