Friday’s Bureau of Labor Statistics Job Data Report gave the stock market an unexpected boost.
Here’s the good news:
The U.S. economy added 266,000 jobs in November and the U.S. unemployment rate is at 3.5%, a 50-year low.
These positive data points caused stocks like The Walt Disney Company (DIS), Apple, Inc. (AAPL), Visa, Inc. (V), and Mastercard Corporation (MC) to rise.
The labor market has remained one of the brightest spots in the economy. Combined with the high stock market, it has contributed to high levels of consumer spending. If you are a shareholder of the afore mentioned stocks, I expect them to rise significantly over the next 52 weeks.
As a Wealthy Investor student, your financial future looks bright.
Stay Open! Stay Positive!
Tyrone Jackson
The Wealthy Investor
