…“and we will win, and you will win, and we will keep on winning; and eventually you will say we can’t take all of this winning, …please Mr. Trump …and I will say, NO, we will win, and we will keep on winning”.
~ Donald Trump
The February jobs report was released earlier today and the results stunned the markets. Employment in the private sector surged by 298,000 for the month However, no forecaster anticipated manufacturing and construction jobs growing over 106,000 jobs.
Construction jobs swelled by 66,000 and manufacturing added another 32,000. A stunning reversal in the sectors gaining the most significant growth in the first full month of a Donald Trump presidency:

The total shattered market expectations of 190,000, according to economists surveyed by ADP. The blockbuster report also solidified market expectations for the Fed to hike interest rates next week. Probability for an increase jumped to 91 percent after the release, according to the CME.
The report encompassed the first full month under President Donald Trump, who has pledged to rebuild the nation’s aging infrastructure system. (read more)
The results are so far beyond expectations that all current forecast models are being revised. (more…)