The Jobs Report – Anyone Think It Is Giving Us A Peak Signal (i.e. A Recession Is On the Way In)?

The Jobs Report – One of the first things one learns when studying for beginning financial exams is the difference between a leading indicator, a coincident indicator, and a lagging indicator. In general, the stock market is considered a leading indicator of economic activity.  What is the jobs report?  A coincident indicator. So, with this in mind, does anyone think today’s jobs report is giving us the signal that U.S. economic activity has peaked (i.e. a recession is on the way in)? Here’s a look at today’s figures. Looking at the Month-over-Month Picture The commonly quoted figure is the month-over-month…