It’s hard to know the direction of the equities market over the next six months… it’s impossible. The best we can do is protect our positions and watch for signs of weakness that could affect our risk exposure. There are two economic reports coming out next week that are a little concerning and worth noting. This week’s retail and unemployment numbers will give us a better feel for the strength of the economy, but these two charts keep circling in my mind:
“It is the lowest job gain since February of 2017 as construction employment contracted while jobs were added in professional and business services, health care, and wholesale trade.”https://t.co/4EK7CzSSLw pic.twitter.com/pQeuEoaRQj
— ryan 🦏 (@ryanmathews) March 31, 2019
“The shortest month of the year saw the highest number of job cuts in over three-and-a-half years, as U.S.-based employers announced plans to cut 76,835 positions from their payrolls in February”https://t.co/mBNUEVziG3
— ryan 🦏 (@ryanmathews) March 31, 2019
