Market Update: 12/2/2016

Written December 2, 2016 by
Jack Bouroudjian
Chief Economist

Jack breaks down Friday’s jobs number and talks about the effect it will or will not have on the FED’s decision to raise interest rates in the coming weeks.  He reminds us that December is still a ‘profit-taking’ month but there could be some underperforming portfolio managers who find themselves having to chase returns into year end.