Friday, October 2, 2015

Is That A Fat Lady I Hear Singing?

Well the jobs numbers are in for September and they are miserable, as in 142,000 non-farm payrolls miserable.  In context, the consensus range was 180,000-285,000, so this was a big miss.  And to pour salt in this wound, the prior two months were revised down a collective 59,000.

http://www.calculatedriskblog.com/2015/10/september-employment-report-142000-jobs.html

I am thinking the tune she will likely sing is "I Can't Get No Satisfaction."

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