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Wednesday, July 06, 2005

Monster Payroll Number

Stephen Vita, the author of Alchemy of Trading blog, writes some words about Friday's Payroll Number:
The way I see it, an extraordinarly weak report -- one of those crazed reports you get every now and then -- with, say, less that 100k in new jobs, ignites a big T-Bond rally and even possibly an Equity ramp if The Mastrosity is finally shackled and led away from the Fed Funds control panel.

Pure speculation and I don't make bets on this sort of thing, but fun to think about.
Read further:
Alchemy Of Trading: Monster Number Coloring Things

6 Comments:

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10/27/2005 04:29:00 PM  
Anonymous Penny Stock Blog said...

I would like to comment about the current condition of the american economy. This is one of the hardest periods in the countries history. Their does not appear to be any kind of consensus about anything the trends for the economy are good one week the next week their bad. Their seems to be no consistency what so ever when it comes to economic matters. Mcdonald’s recently hired fifty or sixty thousand people out of one million that applied maybe mcdonald’s should change their saying you deserve a break today at mcdonald’s to you deserve a job today at mcdonald’s. As far as those banksters go I say lets exchange those three piece suits and briefcases for a pick' a shovel' a bucket' and some pinstripes.

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