It is amazing how fast time flies sometimes as it seems like only yesterday that the market was reacting to the January jobs report. Here we are again though as the February report was released this morning (as of the time of writing). This report was shocking, to put it mildly, as the headline jobs creation number missed estimates by a long shot, but yet wage growth soared. In quite a few articles over the past month, I have pointed out that the economy appears to be slowing down. This report only reinforces that conviction.

The most commonly watched number

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