The September jobs report out Friday shows unemployment fell half a point from 8.4 percent to 7.9 percent with 661,000 new jobs added.
The DOW fficially reached 28,333, hitting a 10,000 point high since Trump’s triumphant Republican victory in 2016 despite doomsday predictions.
The Dow’s record-setting performance might appear to reflect the strong performance of its 30 component corporations. Instead, it shows how financial engineering masks market weakness.
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