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September 2016 investing

Stock market ends up after weaker US jobs reports

With US job reports for the month of August 2016 now released the US stock market ended up yesterday.Crude oil gained also on a weaker dollar.They often say bad news lead to gains.The report was not too bad.As we mentioned seasonality in jobs during summer is not so indicative about the labor market.We are entering in September with FED rate hike expectations but as US elections are near maybe the FED will prefer not take action until then.

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