Employment in construction (see above chart; click on the chart to enlarge) is growing at a rate in the past has coincided with a recession. This time it may different. But the above graph points to very slow business growth ahead -- at best.The Fed will be forced to lower short-term interest rates, and this is good news for the stock market.
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George Dagnino, PhD
Editor, The Peter Dag Portfolio
at https://www.peterdag.com/
Since 1977
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