$12 Coffee? November Unemployment Rate "Tumbles" To 4.6% -- Yahoo!Finance -- December 2, 2016

The magic numbers:

First time claims, unemployment benefits: 400,000 (> 400,000: economic stagnation)

New jobs: 200,000 (< 200,000 new jobs: economic stagnation)

Economists estimate the labor market needs to create about 125,000 jobs a month to keep the unemployment rate steady, though estimates vary -- Reuters.

Today's November, 2016, numbers:

• new jobs: 178,000
• forecast: 180,000
• hoping for: 200,000
• unemployment rate ticks down to 4.6% (Yahoo!Finance says the rate "tumbled"; says the number of jobs added was a "tad lighter" than forecast)

How did the market react to that news? Meh. No change. Dow 30 futures still down about 30 points.

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Starbucks CEO To Focus On High-End Coffee Shops

From The Wall Street Journal:

Howard Schultz is stepping down as chief executive of Starbucks Corp. to lead an effort at the company to build high-end coffee shops that will charge as much as $12 a cup, his next attempt to revolutionize the way Americans consume coffee.

This simply tells me how much money is floating around the US.  A lot of people have a lot of money. There are a lot of six-figure income folks that don't want to sit and drink coffee with teen-agers.

Starbucks’s move toward high-end coffee, a project referred to internally as “Siren Works”—after the mythological creature in the coffee chain’s logo—is aimed at refreshing its brand, which has been facing increasing competition from specialty roasters such as Stumptown and Intelligentsia, as well as from mass coffee purveyors like Dunkin’ Donuts, which has been introducing more drinks such as cold-brewed coffee.