The Mystery Of Friday’s “Somehow Disappointing” Jobs Number

The Mystery Of Friday’s “Somehow Disappointing” Jobs Number

A long time ago, in another life, I learned by necessity how to smell a setup. And I gotta tell you, it feels like we're being set up. Read this from a strategist at Market Securities (via Bloomberg): Jan. payroll data is ‘somehow disappointing’ Jan. payrolls report released Friday will create uncertainty among Fed policy makers about whether wage pressures are materializing and full employment is close Data could also damp expectations for tighter monetary policy in line with three ra
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