Job growth above expectations, but markets continue declining

Posted By on January 8, 2016

downasdaq160108

sp500160108The financial markets took another slide this Friday afternoon even after “impressive” job numbers were released this morning. Growth was well above expectations showing 292,00 jobs were created in December 2015. This came as a mixed message for investors as they needed something to stimulate their interest in buying stocks … unfortunately many came away with an expectation the Fed would continue it’s tightening policies and raise interest rates again in March. Losses are starting to look real for all but those who have been warning we may continue to see even slower sales numbers as the year moves ahead. It is perplexing when all asset classes are being affected.

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Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.