Good morning contrarians! Q4 trading gets underway with mixed signals from markets…
We did get a solid contrarian indicator this weekend where the labor market is concerned (see below). The headline is even better than the cover: “This Time Really Is Different for the Economy. Just Look at the Job Market’s Confounding Strength”
Can’t make this stuff up. But you can use that as a pretty reliable indicator that the labor market is about to turn. In fact, you can pretty much take it to the bank…
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