Labor Market and Darth Vader

Stock markets: Stock markets have gotten smacked around in early 2016, according to Market Watch. And the latest snapshot of the labor market is likely to show a steep pullback in hiring in January. The U.S. economy deteriorated in the fourth quarter. That the Darth Vader view of the economy. Wages are creeping higher, gas is cheap, home sales are rising, auto sales are at record highs and Americans are going out to eat a lot more. And the Luke Skywalker perspective Most economists believe the U.S. has hit another soft patch but that underlying growth remains sound, fueled by the creation of 12.5 million jobs in the past five years. (news.financializer.com). As reported in the news.