Financial Review

…Economy adds 313,000 new jobs. Unemployment rate 4.1%. Wages barely budge. Wall Street loved the numbers. Financial Review by Sinclair Noe for 03-09-2018 DOW + 440 = 25,335 SPX + 47 = 2786 NAS + 132 = 7560 RUT + 25 = 1597 10 Y + .03 = 2.89% OIL + 1.64 = 61.76 GOLD + 1.80 = 1324.40   The economy added 313,000 new jobs in February, the biggest gain in a year and a half. The unemployment rate was unchanged at a 17-year low of 4.1%. The increase in hiring easily surpassed estimates of 200,000 to 220,000. The economy added 54,000 more jobs in January and December than previously reported. Altogether, the economy has gained an average of 242,000 new jobs in the past three months. That’s much stronger than the 182,000-monthly average in 2017. The February year-over-year gain was 2.28 million jobs. The economy has now added jobs for 89 straight months – that’s a record.   Despite the big increase in hiring, wage growth did not keep up. The average hourly wage grew by 0.1 percent. It grew by 0.3 percent in January. H