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clock Created with Sketch. 03/07/15
06:05
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Originally posted by Skol
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This is what JP Morgan say:Yet again the U.S. labor market is showing a limitation in supply whereby even moderate job growth is clearly absorbing what little slack remains . The lack of wage growth should be enough to prevent a Fed tightening at the end of this month (although some Fed officials may vote in favor of one). However, this jobs report clearly shows “further tightening in labor market conditions” and so supports the idea of a first rate hike by September.” –David Kelly, J.P. Morgan Funds The US economy has added jobs for 57 straight months and the unemployment rate is the lowest since 2008.
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You realised JP Morgan is one of the big brother buying Gold like it never going out of fashion. It appears very contrary to their report don't you think? Always ask the question and you will get closer to the truth. If you are not afraid to go there.
