we will impeach him. you have maxine waters and plenty of others. and i mean, nancy pelosi, you can t have that. i mean go ahead. the other thing i was going say is beyond all of the fun and the nicknames, he s putting together a case for reelection in 2020 which is something the media doesn t want to admit. what we re talking about on north korea, if that s a success, with the jobs report on friday and the tax cut and the economic run we re starting to see, all of the attacks that the media will launch on this president might not matter. yeah. and the other part of the case is look at those yo calls over there, do you want them to run the government from socialist bernie sanders to pocahontas elizabeth warren, to maxine waters, what do they stand for when you go to steel country in pennsylvania, stand on the podium saying i m bringing your jobs back, that s a devastating case against a party that s dead
history. this wipes on the the d s out t for the year. the jobs report on friday was a trigger. strong wage growth. wage inflation is good for workers, but bad for corporate profits. the fed reserve may have to raise rates faster than planned. the bond market has been telling for some time that things are changing. bond yields move opposite to price. as neil p. dougheryields go up. if you see a drop again today, there is no chance of a krooicrr panic. this is a correction. stocks haven t hit a 10% drop or correction. this is a market that is long overdue for a pull back. remember the economy is still good here. the economy is strong. the job market is robust. corporate earnings are on the
morning. it is the first day of december. a great deal for investors to tackle this month. beginning with the jobs report on friday. last report before the fed makes a decision on interest rates. the consensus it is likely to raise rates. nearly every jobs indicator has been improving. even the under employment rate. especially for college graduates. it is now just 6.2%. compared to 10.2% during the recession. the analysis shows tales of college educated baristas is rarer. the college degree is the ticket out of under employment. the federal reserve s message to big banks. don t expect a bailout in the next financial crisis. the fed cannot give funding to banks going bankrupt. if it had been in place during the financial crisis, it would have prevented giving money to
your money. first day of a new month. u.s. stock futures are up with a great deal for investors this month. beginning with the latest jobs report on friday. the final report before the fed makes a decision on interest rates. consensus is the fed is likely to raise rates this month for the first time in a decade. nearly every jobs indicator has been improving. now just 6.2% compared with 10.2% unemployment during the recession. the tales of college educated baristas, tales are rarer by the day. the federal reserve to the big banks. don t expect a big bailout in the next financial crisis. the fed cannot give funding to banks going bankrupt. if it has been in place during the crisis, it would have prevented the fed from giving money to aig and bear stearns.
after that 1,000-point epic decline on monday, everybody had a right to be unnerved. but we look ahead and realize the second half of this week investors focus on the positive economic news coming out of the u.s. economy. that news is going to be in focus as we look ahead to the federal reserve meeting, to the jobs report on friday. so i say that volatility is going to be with us for some time. investors should use this relief rally to make changes in their portfolio if they re concerned about volatility. but they should buckle up and get ready for a roller coaster in the month of september. can you explain to people who might not follow stocks, or wall street, why the u.s. had such a tough week because of what s happening in china? sure. it really did stem from china. the concerns that china s been the global growth engine for the world. as china begins to slow, the concern is it will make its way here and into other economies. some of that is true. for many big u.s. companies, wh