Under 4%

Things are going great
And they're only getting better
--Timbuk 3

Market partying (after bouncing off the 200 day, of course) upon release of the jobs number this am. Headline unemployment printed under 4% for first time in almost 20 yrs.

Let's see, the last cyclical low in unemployment printed in 2007 and in 2000 before that. Hmmm.

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