October 6, 2019

On Friday, the S&P 500 was up 1.4% and Toronto was up 0.4%.

Linamar rebounded somewhat, up 4.4%. Most stocks were up.

The U.S. added fewer jobs than expected. But the unemployment rate is a record low 3.5%. Virtually, it seems there is almost no one left to hire. The jobs report was taken as a sign of economic weakness and so expectations for further interest rate cuts went up which is generally positive for stocks.

As one comedian put it, the Democrats continue to make inquires to try and prove that Trump did those things that he openly admits to doing.

In can anyone missed it, last weekend I sent a link to our free newsletter.

https://www.investorsfriend.com/newsletter-september-28-2019/

 

 

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