mark's blog

The market came back significantly today given the jobs number, but I wouldn't hold my breath. Most everything was up, so the drivers were clearly macro.  While the economic metrics are generally ‘full steam ahead”, remember that the market leads the economy.

Yesterday the market was going to hell in a handbasket.  Today, it’s booming back up.  Mr. Market just can’t make up his mind.  Get the man some lithium.

Ok, the employment report was released and showed 312K jobs were added versus expectations of 184K. Let’s look at that first.