- Jobs look great, more people than ever are employed and the number is consistently growing.
- There is nothing to worry about with China as it has room to grow and incredible potential.
- Economic scares based on short term news provide great investing opportunities; the macro trends are what you should worry about.
As investors it’s important to know what’s going on in the economy, but what has to be clearly differentiated are single data points and trends.
We are constantly bombarded with pieces of information that can mean anything. Last Friday’s jobs report—with 151,000 new jobs—was below the 180,000 expectation of analysts. Headlines like the Wall Street Journal’s “Soft Jobs Data Cools Market Expectations on Fed Rate Increase” were seen on every news site, but such data seldom has an actual influence on your returns. More →