Record Shattering Job Openings Show Economic Potential

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Posted: Jun 08, 2021 1:38 PM
Record Shattering Job Openings Show Economic Potential

Source: AP Photo/Rogelio V. Solis, File

The number of job openings in the US rose by 1.0 million from March to a record shattering 9.3 million in April.  This is an amazing economic backdrop that could fuel organic growth well into 2022 and longer if we can get people to work.

To see the chart, click here.

Meanwhile, the inability of major indices to breakout continues to frustrate.  The NASDAQ is at a key resistance point, and the S&P 500 is right in the shadows of an all-time high.  But they keep failing just as they look like there is the right momentum.


Our cash level is lower, so I would not force it, but I am licking my chops.