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The monthly jobs report came out today, and we’re back to the kind of market in which it doesn’t mean a thing. The jobs added fell short of expectations, but the dynamism of last year – – and the uncertainties and expectations – – are in the rear view mirror. This report has re-entered irrelevancy.
A snowman in the shape of the Reddit alien in front of the Charging Bull statue in Manhattan’s financial district (image via r/WallStreetBets).
This post isn’t going to get me any nominations for a humanitarian award, but here goes…………..
My family owns a number of rental properties in the San Francisco Bay Area. The apartments were acquired decades ago at cheap prices, and they have been good sources of monthly income. The tenants were reliable and paid on time. The “Past Due” column in the monthly report was always a row of 0.00s. Until recently.
I scrolled through the latest report, and I saw entries like this……….
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