know. here is jerome powell saying it is unprecedented in modern history that we had given up on the idea of 4% growth. we had given you up on that and the idea you can create 400,000 manufacturing jobs. this morning we have adp today, which is a big report on jobs and then friday we get the government number, monster, monster number, goods producing, dirty fingernails 825,000 since president trump has been in office for 21 months. 21 months before that was just 275,000. sandra: bottom line he is saying this is sustainable or saying it is too good to be true? he is saying it is almost too good to be true. people said this to him and has to agree. another key member of the fed said this morning the u.s. economy is firing on all cylinders. i expect the good performance to continue over the next few years. in other words, we ll play ball, we ll adjust rates but we
nearly $2.5 billion. it s a sign of confidence. 11,000 is just a nice, round number, a psychological barrier of sorts and i want to look at the numbers quickly because the futures pointing to a higher open earlier this morning and if you take a look right now, we are slightly lower. one of the reasons we re slightly lower right now is because of this report that we got from private payroll firm adp today. basically said that we lost 39,000 private sector jobs. that is a problem because a lot of analysts were expecting to see a gain of about 18,000 to 20,000 jobs. now, the adp report is not the government jobs report. that one is out on friday but it s often seen as a real good indicator of what we might expect when we get the government numbers. we also got some information from an outplacement firm of challenger, gray and christmas today and basically they measure planned job cuts saying emplo r employers planned 37,000 job