Jobs Weak, Market Doesn’t Care

The weekly Market Update is posted and includes the following;

Perhaps most interesting is that wages moved up out of its multi-month rut of 0.2/2.5 to show a gain in September of 0.5% with the year over year number at 2.9% which would appear to provide some cover for a December rate hike. Barron’s offered a counter opinion from the Liscio Report that jobs lost were lower paying jobs because of the storm thus making the wage boost an anomaly to be subsequently reversed.

Please click through to read the entire update.

Target Field in Minneapolis.

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US Bank Stadium in Minneapolis.

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From a prescribed burn near Walker over the weekend.

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