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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: redfish who wrote (3395)4/2/2004 8:38:35 AM
From: Robert Douglas  Read Replies (1) | Respond to of 116555
 
The average of the last three months shows payrolls now gaining 171,000 a month. This is a 2 million/yr. pace.



To: redfish who wrote (3395)4/2/2004 8:41:46 AM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 116555
 
thank god i sold my bonds a couple weeks ago...



To: redfish who wrote (3395)4/2/2004 10:31:16 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 116555
 
it had a 140 gimmick (striking workers and weather / seasonal adjustments) - as I wrote before the talking heads were low -balling the number.

Further the adjustments are suspicious as there is again a discrepancy the published number, household survey and tax receipts.

Based on the reaction in the FX market the number was leaked to the influential and powerful - they acted since morning and really dumped it 2 minutes before 8:30


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