A Black Swan Event And Higher Taxes Persist As Financial Risks Amid The Boom

Published Friday, April 2, 2021 at: 7:05 PM EDT

The job situation report released this morning by the U.S. Bureau of Labor Statistics (BLS) was a good surprise, and the stock market closed at a record high this week.  Amid the boom, however, as the economy recovers from the Covid crisis, it’s wise to consider what could go wrong.  First the good news: Total employment rose by 916,000 in March, much higher than the 625,000 net new jobs expected by economists.  The jobs recovery is stronger than expected, reflecting better than expected vaccination rates. With three million Americans vaccinated daily in recent days, March went out with a roaring jobs boom...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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