Don’t get lost in the negative media coverage of stocks.
Latest read on US jobs market is consistent with the tepid growth.
Stronger jobs data will green light Fed action on interest rates.
In a surprise, Peltz group didn’t pick up a single board seat.
The Goldilocks jobs growth may force the Fed to wait until September.
The Fed may need to factor in jobs growth into monetary policy plans.
Strong job growth has investors seeing a rate hike late this year.
Good news: The labor force participation rate is rising.
Despite weak wage growth, the Fed is still on track to raise rates this summer.
Corporate earnings and a strong economy are supporting the stock market.