Beats NOTHING for sure but man be accurate, they expected more but didn't get it and 52,000 strikers goin back to work goosed the numbers.
Speaking of goosed.
https://image.cnbcfm.com/api/v1/imag...71&w=630&h=354High valuations, low earnings growth
Such remarkable gains in 2019 have left U.S. stocks expensive — in the 10th decile, meaning equities have been cheaper at least 90% of the time.
“Such elevated valuations in past periods have weighed on equity returns over the subsequent five years and lowered the odds of positive outcomes,” Goldman Sachs Investment Strategy Group CIO Sharmin Mossavar-Rahmani said in the group’s 2020 outlook. “That the bulk of last year’s returns came from higher valuations, and not growth in earnings, only compounds investors’ concerns.”