Rumor--big Non-Farm # tomorrow

Quote from rallydog:

With Obama already scheduling a news conference, the politicos have tipped their hand.

The fix is in, fade the report!:mad:
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Obama will take credit if numbers are good or blame the previous administration and say that he inherited the problem if numbers are bad. Nothing new here.....just another everyday politician as can be seen by ALL his broken promises.
 
Even if we've added 10K jobs in the report today, unemployment will stick tick back up to 10.1. The fudged unemployment number that. Plus, if the economy does really pick back up, geniunely, then all those who aren't counted in the unemployment rate will start to look again, and drive the rate up even higher.

We would need to add 100K a month just to sustain the 10% level.
 
Never gets old on NFP Friday:

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Not worried about equities because rates are more my thing right now, but how is the UE only 10%. They must be assuming huge numbers of folks leaving the jobs market.:confused:
 
Tim updated the wrong spreadsheet, ouch. Nonfarm payrolls down 85K! I like how the Dow futures went from +20 to -20 in a blink.
 
Quote from Ivanovich:

So much for THAT rumor.
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SOMEBODY got sucked in. Eurodollar futures were off significantly overnight and dropped another couple of points in the hour before the number was released ... suckers!:p
 
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