US unemployment slips to lowest rate since 1969

The Jobs Report published Oct 5 for September showed only 134,000 jobs created. Well below expectations. However, the unemployment rate at 3.7% was the lowest since 1969.

This proves the growth phase of the major long-term cycle (9yr or Juglar) is intact. But, it is due for a peak in the economy and the stock market sometime into 2020. Sometimes good news is a warning good times cannot last forever.

QR signal: Following the trend but looking for signs of trouble.


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