This article appeared online at TheNewAmerican.com on Wednesday, February 14, 2018:
Once Wall Street traders read beyond the headlines released early Wednesday morning by the Bureau of Labor Statistics (BLS), they reversed the early selloff and bid the market higher.
Those traders were on high alert following the January report that wages had jumped nearly three percent last year. This triggered concerns that inflation was imminent, and that the Fed would institute interest rate increases which would slow the economy.
The headline from the BLS seemed to confirm those concerns: