January 5 news recap

 Friday news recap:

  • The December Jobs report came out today and it showed an increase of 216,000 jobs for the month. The unemployment rate also remained at 3.7%. What does that mean? There will not be a rate cut in interest rates any time soon. That was the good news. The bad news is that most of the increase was in Government and Healthcare jobs, which are not what you want to see in a "healthy" jobs report.
  • Stocks ended the week down. The start for the year was the worst since 2016. Not a good way to start the year. 
  • Nothing else major occurred today except for the usual mayhem, crime, and war that is occurring on a regular basis. 

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