“Traders Get Religion When They’re Making Money”

“Traders Get Religion When They’re Making Money”

How important is Friday's NFP print? Well, probably not that important. Or at least it wouldn't be if traders weren't so keen on the idea that everything revolves around the Trump narrative. Bad number= jitters over protectionism and uncertainty about the incoming administration's policies. Good number= optimism around the reflation trade, higher growth, etc. So look for a Trump-ish interpretation either way. For more color, consider the latest from former FX trader and Bloomberg contributor
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One thought on ““Traders Get Religion When They’re Making Money”

  1. U3 matters. Eventually created jobs is going down to around the 80K that join the workforce per month. I wonder how the orange one will explain that when jobs numbers are supposed to go up bigly.

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