The Federal Reserve Just Delivered Incredible News for Stock Market Investors

The U.S. economy has produced a series of sluggish nonfarm payrolls reports in the months since July, pushing the unemployment rate to a four-year high of 4.4%. In his speech on Dec. 10, Fed chair Jerome Powell also said that the recent employment numbers might actually be overstated by 60,000 jobs per month due to inefficiencies in the data collection process. By his estimation, the U.S. economy might be losing around 20,000 jobs per month right now.The July edition of the monthly nonfarm payrolls report s ...