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Jobs Report Beats
Ok, so Trump took all the drama out of the NFP print this morning when he tweeted the following:
Clearly, that portends a 'bigly' beat.
No but seriously, Thursday's afternoon Mueller bombshell actually makes this morning's jobs report a bigger deal than it otherwise would have been for yields and the dollar.
Needless to say, the greenback was already on the back foot, but the latest escalation in the special counsel investigation gave traders another reason to be wary. The broad dollar's do
222K? or 209K?
Crap…nevermind
The scam is always just an algo away. This will be downgraded to 179K at a later date.