If you’re reading this newsletter, chances are you’re already well aware of the insanely tight labor market that exists in the United States. The latest Department of Labor unemployment report piles on with data showing unemployment at an 18 year low. It was the 92nd consecutive month of job creation. (NYT)
As expected, the Fed raised rates a quarter point this week. What caught my attention was the upgrade that the Fed gave to the U.S. economy in it’s policy statement. Things are looking pretty darn good right now.
What are you seeing out there? Does it feel like 2007 to anyone? Stay focused, be sharp and enjoy this week’s content.