So another payroll came and went, so the number was 60 K less than expectation but within the margin of error of 200K. So, NO CHANGE detected in direction of US labor market, but what is worrying is the softening of Retail Sales and manufacturing data ex autos.
On other hand, stock markets after almost "flash crashing" (SP Dec Fut from 1926 to 1884, rallied by end of the day to 1943) but tellingly the 30-year bond didn't undo entire rally and here it seems that the equity markets have been pumped up to be dumped again later next week.
On other hand, stock markets after almost "flash crashing" (SP Dec Fut from 1926 to 1884, rallied by end of the day to 1943) but tellingly the 30-year bond didn't undo entire rally and here it seems that the equity markets have been pumped up to be dumped again later next week.
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