US Jobs Report: The Devil is ALWAYS in the Details!
US Jobs Report: The Devil is ALWAYS in the Details!
Jim Welsh of Macro Tides sits down with Blake Morrow to discuss the markets following the very strong US jobs report! However, Jim discusses why we need to look past the headline number and ask “why” the unemployment rate went higher.
Jim also spends some time discussing the S&P equal weighting, mid cap and small cap indexes too and explains the divergences are becoming more glaring and this could be a big risk for the markets.
Jim gives his technical views and Elliot Wave counts for the US Dollar, Gold, TLT and the S&P 500.
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