The data from the week behind us on the economy was not bad but was it not weak enough?
Peter and Jeff talk about a post from Jeff’s blog about how the market did respond accordingly with some bad data this week. Jeff says everyone was excited a few weeks ago because the Federal Reserve was ready to start printing more money which has always been really positive for the Stock Market. He says the employment numbers that came in were not big enough in April to get us back on track for job growth. Tune in to hear about jobs lost,gained and the unemployment rate and how this all affects our economic growth.
To catch up on Jeff Hybiak’s blog click here.