VRA Letter: More Strong Jobs Data. Pre-Alerts on SMR & CWEB. No, Economic Growth Does NOT Cause Inflation. - Vertical Research Advisory

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VRA Letter: More Strong Jobs Data. Pre-Alerts on SMR & CWEB. No, Economic Growth Does NOT Cause Inflation.

Good Friday morning. Breaking: the jobs report for April is in and it’s another beat to the upside. 117,000 jobs were created, beating the estimate of 65,000, with private payrolls almost doubling previous estimates. The unemp ...

Posted On May 08, 20266 MIN Read

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Good Friday morning. Breaking: the jobs report for April is in and it’s another beat to the upside. 117,000 jobs were created, beating the estimate of 65,000, with private payrolls almost doubling previous estimates. The unemployment rate stays unchanged at 4.3%. For a comp, take a look north at our neighbor Canada, which just reported a miserable unemployment rate of 6.9%. If you’ve been with us a while you know that one of our big calls from the inauguration was that “The Trump Doctrine” (free market capitalism meets the Trump Economic Miracle) would severely punish our competitors (Europe, Canada, etc). Folks, Canada is in real trouble…we continue to send positive vibes to our friends in Alberta as they attempt to leave this mess behind.

VRA Bottom Line: another solid jobs report…get ready for many years ahead of same.

VRA Pre-Alerts: on Monday (we prefer not to buy on Fridays…thank you Ted Parsons) we’re looking to officially add to our position in NuScale Power (SMR) and pos...

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