The June jobs report confirms the longest economic expansion in history—with 121 consecutive months of uninterrupted growth. The stock market hit record highs on Wednesday. There are some concerns as employee bonuses dropped 24% in private-sector companies and small businesses are struggling to compete in a tight labor market. The strong June jobs report offers President Trump the chance to brag that he led the U.S. to its best shape in decades. Since this has not happened in a while, the odds, in my opinion, are high that we are due for a pullback in the stock market and economy, as this is always the case.

Source: Forbes July 05, 2019 14:43 UTC