### Instruction: The text below is from a news article. Extract causal economic narratives from the information provided in this text! A causal economic narrative is a chain of events where one event is said to cause the other event. State all narratives in the following form: 'event A - "causes" - event B'.
### Input: "The American economy is booming based on today's reading of the employment situation, which should go a long way to reassuring nervous Nellies in financial markets," NAME_1, chief financial economist at MUFG Union Bank, said in a note to investors.