Scott Colyer

We’re seeing a spike in the dollar, which has downward pressure on earnings for companies relying on exporting overseas…history would show that today’s reaction might be a little confused, but over the next week, or month or year, when you get a jobs pickup like this, it’s a sign of a healthy economy and future profits.

latest-headlines

What they introduced yesterday was that they're worried about the effects on U.S. growth based on foreign economies.

You might as well hang on because the last couple of hours can be kind of interesting as people unwind their positions.

Investors have been very cautious, overly so in equities, over the past month or so. That seems to be mostly attributable to overseas risks. Those risks are coming off the table this week.