
Choose Your Own Jobs Adventure! ‘Yields Need To Get Their Mojo Back – Or Else’
There's a good chance everyone has already decided how they're going to trade today's jobs report because it's a "choose your own adventure" kind of deal.
The hurricane distortions will render the numbers largely meaningless which means everyone will be even more inclined to key on the AHE print than they already were. Here's Goldman:
We estimate that nonfarm payroll growth slowed to +50k in September, below consensus of +80k and the 3-month average pace of +185k. Our forecast reflects the wide