up or down tonight, page-10

the more people on the big dipper the louder the screaming

lol

markets factor in information. Tonight it will be expectations for employment.

From what I can gather the market thinks the figure will be 70,000 new jobs

Above and the market will go up below and down it will go down.

that's my view.

Here is the source....

"At 6:24 a.m. ET, Nasdaq and S&P futures were narrowly higher, suggesting gains at the start for Wall Street, but that could quickly change at 8:30 a.m. ET when the Labor Department releases its December report.

Economists surveyed by Briefing.com forecast the report could should employers added only 70,000 jobs in the month, down from a 94,000 increase in November. Since that's not enough job growth to keep up with increases in the labor pool, economists are also looking for the unemployment rate to rise to 4.8 percent from 4.7 percent, which would be a 17-month high.

But there are some economists who warn the report could come in weaker than expected, perhaps even showing a drop in Americans with jobs, especially since the government collected information from employers during a week when much of the country was hit by severe winter weather."



Moved from the "United States" forum. Original message number: 400