No heat, let alone fire, in jobs report | Pound Ridge Real Estate

<a href="<a href=Smoldering image via Shutterstock.

One of many roads converging on perdition: quarreling with economic reports.

Many people do, usually for political-conspiracy reasons, but professionals are trained not to. You’re told from day one: “Don’t fight the tape.” Don’t fight the news, or the market.

Today I’m going to.

At dawn today came glorious news: In February the nation added 236,000 jobs, and the prior two months were revised up another 61,000, in sum double the forecast.

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