Market Update
With no major economic reports due for release today and in the absence of any geopolitical headlines, Stocks and Bonds are trading near unchanged levels ahead of tomorrow's granddaddy of all economic reports, the Jobs Report.
In economic news, weekly jobless claims fell in the latest week but a report showed that planned firings surged in January.
Heading into tomorrow's jobs report release, I feel that Locking is prudent, but longer term I continue to recommend a Floating bias. If anything changes, I will get back to you.
Leonard WinslowDirect: 434-760-2580
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mailto:leonard.winslow@newamerican.com
web: www.newamerican.com/leonard.winslow
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