Insights for 12-10-18

"The slightly modest 155,000 gain in payroll employment in November may not go down well in markets given the heightened nervousness in recent months, but this is still a solid gain that suggests economic growth is gradually slowing back towards its potential pace. There is nothing here to suggest the economy is suffering a more sudden downturn."

-Paul Ashworth, chief U.S. economist at Capital Economics, addressing Friday’s release of the November payroll report, as reported by Yahoo Finance.