Soft Economic News Sparks Late New Year’s Cheer – The Market Breadth

new years cheer (Credit: Happy New Year! Cheers! by włodi from Flickr)

Stock Market Commentary: It took a mixed jobs report and soft economic data to spark late New Year’s cheer in the stock market. The December jobs report refreshed the message of a strong labor market whose unemployment rate has stayed between 3.5% and 3.7% the entire time the Federal Reserve has hiked interest rates. Yet, … Read more