"Labor Department said employers added jobs in November but cut 85,000 jobs in December, far more than the 8,000 analysts had expected."
Well can't say i'm completely surprised...
The SPX is up 4-days in a row and a WAY worse (10x worse) that expected jobs report sends the market to new highs again for the 5th day.
Brave new world - I'm baffled... You would have thought it was enough just for a little bit of profit taking but nope its a buy.
IMO all this makes the last few months of the 2007 bull market seem conservative.
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