Jobs Bonanza? Fake News
"The 196,000 jobs added in March shows the US economy is not stalling out, something investors were worried about following February's disappointing numbers. And other data in the report showed wages are rising but not at a rate which would spur inflation."
"The labor market continues to shrug off head winds and chug along...What's more surprising is that we're still adding an average of 180,000 jobs at this point in a recovery."
"The March report should put to rest the notion that the economy is doomed to falter in 2019."
"Several indications, such as the number of companies filing for bankruptcy or closing operations, suggest we're heading for a downturn."
"This a perfect report for the Fed because it actually corroborates what they've been saying all along, which is there are no wage pressures. There's very little risk of wage inflation."