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Tag Archives: household survey
Jobs Report: Good News and Bad News
The market was clearly thrilled with the +163K non-farm payroll (NFP) number on Friday morning. Equity markets were up worldwide, as were most commodities. The NFP number was much better than the consensus estimate of +100K, although the estimate of … Continue reading
Anomalies in Recent Employment Data
There have been some strange and contradictory economic data released recently. The following post examines some of these anomalies and discusses the implications for the market.