Trump calls the July report on work “counterfeit”

US Bureau of Labor Statistics July job report Revised data on previous months so dramatically that US President Donald Trump called It is “counterfeited” and “prepared”.

However, the markets seem to have shrunk from their worries so far-American actions have bounced on Monday from the sale on Friday after the report was published. However, this move can be more intensive reflex than a reflection of what really drives markets.

“Today is something like a bouncing day.” said Sam stood, Chief Investment Strategist at CFRA Research. “Stocks tend to pop up after a decline, so it happens.”

“We have to wait and see what happens tomorrow because investors may be able to think,” Do you know what, we really have to take some money from the table to absorb some of these profits, “he added.

The new Trump tariffs come into force on August 7, so there is an opportunity that investors can take advantage of this opportunity when markets are slightly recovering from losses on Friday, making a profit first – and before every further delay, as offered from the July job report, is potentially “forged” and striking the economy of the economy.

A controversial job report confirms that the US economy is slowing down. Therefore

Iniquity rose with only 73,000 In July, under even the muted expectations. The heavy revisions of the decrease in the number in May and June took the quarterly average profits to work to only 35,000, or less than one third of the tempo for the same period a year ago.

A traditionally lagging indicator, when it comes to recessions, jobs in job growth points to an economy, which can be delayed even more than some of the traditional indicators are shown.

– Jeff Cox