todd-m-schoenberger-january-jobs-report

 

“The January employment report validates two things: The recent positive sentiment readings are correct as employers continue to add to payrolls, and the Fed is 100 percent certain to further tighten policy at its next meeting in six weeks.  Traditionally, the first quarter has always been the best quarter for hiring, and today’s data tells Wall Street this trend will continue in 2017.  Look for the markets to cheer this news and push the Dow above the 20,000 level again.”
Todd M. Schoenberger, Jones Falls Financial Publishing, in Baltimore