Tune out the nervous Nellies panicking over last week’s job numbers: they missed the real news—and their panic has handed us a straight shot at a cheap 7.6% dividend today.
More on that opportunity shortly.
First, the real story here is that wages jumped 3.4% in February, which is the fastest rate in half a century. And the unemployment rate sits at 3.8%, far lower than just two years ago, when it levitated north of 4.8%.
A Direct Line From Paychecks to Profits
I’m sure I don’t have to tell you that consumers drive the economy, and more workers, making more cash, are great news for stocks.… Read more