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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.72-0.1%Jan 16 4:00 PM EST

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To: GROUND ZERO™ who wrote (1918)3/31/2010 4:38:31 PM
From: Hawk  Read Replies (1) of 221961
 
I like the weather factor, its an the most important economic indicator now.LOL

Goldman Shaken By ADP Number, Unstirred, As It Keeps Friday NFP Estimate At +275,000
Submitted by Tyler Durden on 03/31/2010 14:50 -0500

Conference Board

Is there just a little trepidation in Jan Hatzius' typing as he reconfirms his +275,000 Friday NFP Target?

"Our forecast of +275k for Friday's report on nonfarm payrolls is based on this premise (an underlying increase of 50k, including non-Census government, plus another 100k for a weather rebound and 125k for temporary Census hires). We have not changed this estimate but will keep it under review, as we always do, pending more information on hiring (Conference Board and Monster), claims, and the ISM's mfg employment index." -Jan Hatzius, Goldman Sachs
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