Good morning and Happy Friday!
The job numbers came in a bit lower than expected but solid. There were upward revisions for the previous month so pretty much numbers that satisfied the economy and the markets. However, we will see what happens during the regular session. The markets have been range-bound for several weeks now and things may continue that way until there is some catalyst that takes it higher or lower. I continue to watch the bond market for clues of sustained inflation. If there is anything that can kill this rally, sustained inflation is it, but I still believe that this is a blip in time. I expect to see the current inflation subside by the end of the year. Enjoy your weekend!