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Stocks surge on strong jobs report—what 5 pros see ahead for the US economy

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The U.S. economy added a better-than-expected 266,000 jobs in November, and market professionals see it as another leg in the record bull run.

last month, mainly in education and manufacturing. Economists polled by Dow Jones expected closer to 187,000 nonfarm payroll additions.

Here's what five of them — two economists, two strategists and one investment chief — see ahead for stocks. "What we're seeing is a result of a tremendous crash and a very long recovery. You saw the real wealth of the average middle-class American family collapse by 49% between 2001 and 2010. It was a deep financial crash and recession. It's taken a long time to come back, and that's great. But the real point is this recovery is an Obama-Yellen recovery. It is in spite of everything that [President Donald] Trump is doing, not because of it.

 

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Stock traders will take any good news to bump the market up. “Oh, look, the sun didn’t explode this morning!!!! Buy, buy, buy!!!! What a bunch of wankers!

What happened to the unstoppable recession y’all said was coming a month ago? 🤣

someone ask paulkrugman or summers when the recession is coming? still just around the corner? like the last 6 months we have heard from these anti trump liars

Thanks, realDonaldTrump. JobsReport

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