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Friday, November 13, 2015

Will the Fed Raise Its Funds Rate? Jobs Picture Doesn't Support It

http://www.nasdaq.com/article/questions-questions-will-the-fed-raise-its-funds-rate-cm542666

`It should be obvious from the graph above that jobs growth is slowing. My guess is that the burst of jobs growth has been caused by Christmas and other year end seasonal purchasing starting a month early - and business ramping up to support this early surge. If I am right, November jobs report will be disappointing as this surge normally occurs in November.'' -- The first graph in this article is required viewing!

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