Turn to Retail Off Jobs Report

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Shoot! Rate cuts are now on hold because of this employment number. Now we have a real quandary on our hands, because the money that's flowing into health care stocks has to take a break and the money flowing into tech will pause -- remember, only momentarily -- until the hedge funds are done buying their puts.

Of course, I can make a "growth with no inflation" argument, and the bulls most certainly will.

So, if that's the call, who benefits? Retail. I believe that retailers did better with December sales than people realized, given the global -- not warming but hotting that we're experiencing. ...