Wednesday, September 9, 2015

The Boom Continues: Job Openings Soar

The boom-bust Fed created business cycle continues.

We remain in the boom phase.

Job openings in the U.S. surged to a record in July. The number of positions waiting to be filled jumped by 430,000, the biggest gain since April 2010, to 5.75 million, according to the Labor Department.

As I reported in the EPJ Daily Alert, we are in a very tricky phase right now, but there are major new trends developing that should make things much clearer at the start of the new year.

   -RW

4 comments:

  1. *sighs* Well were getting close to the fourth quarter, so jobs, just over broke, will probably start opening up .. its not really surprising to see at this time of year.

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  2. I'm thinking the market is going to (at least) test the 52 wk high before any prolonged bear market activity.

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  3. 2.8 trillion in excess reserves tells you that the Fed is not creating this boom.

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