By Chris Becker
The US unemployment print on Friday night – nonn farm payroll or NFP – that sets the market agenda for the following month, came in at a three month low, putting some meat on the bones that Trump’s administration is not making America (or the Planet) great again. Inflation remains muted, housing demand is weakening amid lower crude and commodity prices. Nevertheless, stocks are loving the news with another record high across US markets as other bourses play catch up.
As usual for Monday mornings, I’ll take a step back and look at markets with a longer term view as my “Trading Week”.