Softer Economic Data Clears the Way for New Equity Market Highs
September 27, 2016 at 10:46 AM EDT
By Gary Stringer, Kim Escue and Chad Keller The August U.S. monthly employment report, released on Sept. 2, missed expectations as jobs creation cooled significantly from prior months. To reduce the month to month volatility in the jobs reports, we prefer to look at the rolling 6-month average. We...