The Stock Market and the January Jobs Report
On Wednesday last week (February 5th 2014), Jeff Reeves declared in his article "This one job report will make or break the year" that "[i]f ever there was a report that could make or break a market, it is Friday's update on January job creation…" He explained that although a robust job market is not a requirement for a stock market rally, in order to build significant gains, investor confidence is still important.