Well, we already know what President Dennison thinks about the May jobs report. In fact, we knew what he thought about the numbers before we even knew what the numbers were. And because no one has ever accused Trump of being subtle, the fact that we knew what he thought about the numbers ahead of…
“…this is all according to routine, law and custom.”
“Looking forward to seeing it”…
Ok, well all eyes will be on the U.S. in the week ahead.
U.S. March Nonfarm Payrolls Rose 103k; Unemp. Rate at 4.1%
In essence, the same things everyone was watching last week (e.g. tech, trade, Trump) will be in focus again…
In any event, here is some of the early analyst commentary that will of course continue to trickle in throughout the day from whoever hasn’t already headed out to the bar (which is where I would have been by now on a payrolls Friday were this two years ago).
U.S. Feb. Nonfarm Payrolls Rose 313k
Avg. hourly earnings Y/y 2.6%
This is not going to be for the faint of heart.
Looks like a barnburner.
How about a little more fun?
“Such seasonality is truly remarkable and unlike anything we have seen before.”