"Yet on Friday, the Dow and S&P hit record-high closing levels! Because weak jobs means no interest rate hike, which means rich people can still borrow from Peter to pay Paul leverage their assets on the cheap. And earnings for defense and AI-chip companies are just swell.
Even everybody on Fox News except Steve Moore knows a stagnant labor market is not a good thing.
What’s more, according to the National Women’s Law Center, the job losses were women’s."