Jack Ablin
Jack Ablin
growth job mark number previous projected strong
The projected job growth number would mark a pretty strong snapback from the previous month.
believe economic fed improving infer jobs moderate oil past perhaps prices somewhat statement time
I would infer from the statement that the Fed is somewhat more sanguine on the economic recovery. Perhaps they believe that $55 oil prices are, at least for the time being, something of the past and that jobs are just improving at a moderate pace.
bad employment happened higher jobs last mean news perceived pickup recession recovery report seen sign throw track year
Any bad news can throw us, and the jobs report was perceived as bad news, seen as a sign that the recovery is fragile, but that's not necessarily true. In the last two recessions, a pickup in employment only happened a year after the recession had ended. So just because unemployment is higher doesn't mean we're not on track for a recovery.
bets jobs pause percent
If there is anything more than 250,000 jobs then everything reverses and all bets about a pause at 3.25 percent are off,
bet confidence economy employment federal jobs order raising rates reserve sliding stop trend
Confidence is slipping, manufacturing is slowing, and even with today's jobs report, the employment trend is still negative. The bet here is that the Federal Reserve will have to stop raising rates in order to keep the economy from sliding further.
chief corporate growth low strong
When you have strong growth and low wages, the chief beneficiary is corporate America.
bond debate higher market oil prices restraint whether
There has been this continual debate as to whether higher oil prices are inflationary or a restraint on growth. This year, the bond market has signaled that it is inflationary.
active business future longer sector
We're no longer in a buy-and-hold environment. You have to be much more active in sector allocation. That's where the future of this business is going.
leading names phenomenal seen stocks
We've come off a phenomenal July. And we've seen a real reversal in the stocks that were leading the market, with economically-sensitive names doing well.
cause commit continues error fed financial since time worry
What I worry about is that if the Fed continues to tighten, they could commit the same error they have done every time since 1980 and cause a financial crisis.
options
You have to look at all the options you have available, from A to Z.
backdrop inflation leading market nice subdued
Between leading indicators and subdued inflation expectations, it's really set a nice backdrop for the market today,
although energy fed guidance higher key looking might prices profit rolling signs
But the key here is really going to be guidance. Everyone is looking for signs of the rolling over of profit growth, although not as much as the Fed or higher energy prices might indicate.
bounce clear indication light moves week
With light volume, we're going to bounce around like a ping-pong ball. I wouldn't take any moves this week as a clear indication of anything.