Lost in all of the bank stress tests and market rally is a little data point today: Its the Employment Situation Report.
Given the past 6 months mayhem, we are set up for a better than expected number. Median estimates of economists for Payrolls is a fall of 600,000.
Remember, “Less bad is the new good.”
Release is due at 8:30.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.