01/10-Why a good jobs report is bad for your portfolio

This morning, we received the December Non-Farm Payroll report.  We learned that the economy gained significantly more jobs than anticipated.  Sounds like great news, right?  The answer is no.  Wall Street perceives it as bad news and sold off the market.  I’ll explain why good news is bad this afternoon on the Jon Sanchez Show at 3pm.👉 Watch this episode on YouTube: www.youtube.com/@thejonsanchezshow👉 To learn more about retirement planning and wealth management in Reno, visit: sanchezgaunt.com Compliance Disclosure: This program is for informational purposes only and should not be considered investment, tax, or legal advice. The views expressed are those of the participants and may not reflect the views of Sanchez Gaunt Capital Management. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Always consult with a qualified financial professional regarding your individual situation before making financial decisions.