Let's prepare for cooler weather...and a cooler market

Senior Analyst Marketing Brew The labor market remains robust. For now, at least. According to recent Bureau of Labor Statistics (BLS) data released, U.S. employers created 315,000 jobs in August, stronger than the 298,000 gain economists expected. Since the beginning of the year, employers have added 3.5 million jobs, bringing total employment to a record 152.7 million. The unemployment rate increased to 3.7% in August from 3.5% the month prior. However, layoffs were not the culprit. Employment increased during the period, but the unemployment rate increased because even more people entered the labor force and began to seek work. The narrative coming from the report is consistent with the Job Openings & Labor Turnover Survey, which showed layoff activity remains depressed and demand for labor remains strong, as reflected by the elevated number of job openings. Let’s not panic, things don’t have to be terrible. Fortunately, any slowdown or recession we’re facing doesn’t appear to be the result of major excesses in consumption or risky financial imbalances. Instead, it’s the Fed cooling an economy that continues to be bolstered by major tailwinds, which in turn reduces the risk of a downturn becoming an economic calamity. Indeed, the fact that the unemployment rate went up as job creation was positive is arguably a great development in the fight to bring down inflation. The higher unemployment rate suggests there’s growing slack in the labor market, which should relieve inflationary wage pressures. But the fact this is happening amid job growth suggests there aren’t too many people losing work. As with everything in the economy and markets these days, it’s an incredibly complex situation. [Forget 99% of Tickers – (Just Use This One)]( Market Wizard Larry Benedict is one of the most successful investors you’ll ever meet… But he doesn’t invest the traditional way. His approach has nothing to do with “buy and hold.” And it flies in the face of everything a financial planner would ever tell you. In short: It’s a way to trade just one ticker… And potentially make all the money you need — no matter what happens in the stock market. Sound too good to be true? [Larry reveals everything in this interview — including the name of the ticker you need to get started.]( [Take a closer look]( 316 Media and Silver Ridge Market Report, is not giving individualized financial advice. Never invest more than you are willing to lose. 316 Media or Silver Ridge Market Report is not giving financial, investment, or stock advice. Our content is designed for generalized informational purposes only. If you have specific questions about investments or stocks you should consult a financial advisor. Articles, News, Or Other published materials are not always the views of 316 Media and/or Silver Ridge Market Report. If you feel you are receiving these emails in error please email Support@SilverRidgePro.com or click the unsubscribe button below. Silver Ridge Market Report 30 N Gould St, Ste R, Sheridan United States of America [(307) 200-9389](tel:(307)%20200-9389) srmr@silverridgepro.com [Unsubscribe](