Oh, and by the way, always giving glory to our Lord, Jesus Christ! He comes first. Always.
From Brian Wesbury at First trust portfolios
" civilian employment, an alternative measure of job growth that includes small business start-ups, declined 310,000 in May.
despite the big headline gain for nonfarm payrolls, the total number of hours worked (which also comes from the institutional survey) slipped 0.1% in May. In other words, these businesses were hiring but there was less for their workers to do. our view that the labor market will be a lagging indicator as we enter the next recession. If larger employers hoard workers to fulfill future increases in business activity, but those increases don’t come, that just means more workers will get laid off later on.
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
Worried About a Stock Market Crash? Here’s What You Should Be Worried About Instead. - Barron's https://share.google/zxmc1t7eE4TLrdHPh
Read this article from Barron's
https://www.morningstar.com/portfolios/when-it-comes-bonds-dont-be-hero
Interesting article on bond allocation, short term needs for retirement are better to be in a money market account up to two years of spending and up to ten years in a high quality active bond fund. Also active bonds have outperformed index bond funds by one percent
