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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (41416)	12/6/2012 6:49:55 PM
From: Keith Feral	Read Replies (1) \| Respond to of 222792

If we see a big surge above 8%, there is going to be more howling about the big dip we had a couple months ago when people were suggesting the DOL was padding the numbers for political support. I don't really think they would pad the numbers, but a big print above 8% is going to look very fishy to some even if the report is influenced by Sandy. It's all up to the bond market from here. Nothing keeping the 10 year from going back to 1.4% if the number is bad. That might be the final catalyst for the politicians to come to an agreement over the cliff. I think they need to see some degree of panic before they do anything. We are nowhere close to a panic right now.