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Reply #17


Response to demwing (Reply #16)

Fri Jul 6, 2012, 10:09 AM

17. the thing is, that is all taken into account by seasonal adjustments and the street's consensus

 

This was a miss by 20% to the downside (expected number was 100,000, and it came in at 80,000). The August number will have a higher expectation, so you will have to have even greater jobs created to beat it.

Also the EU situation here is getting worse and worse, and after the summer holiday season ends in Agust, I fully expect to see some real nasty events. Just days after the latest 'BIG PLAN' of salvation was announced, take a look at Spanish bond spreads. They are blowing up. Italy is in near collapse, and Greece is starting to teeter towards open limited civil war. The EU is the biggest trading partner of the US, not China, not Canada, so events there really matter.

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mahatmakanejeeves Jul 2012 OP
Inuca Jul 2012 #1
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SoFlaJet Jul 2012 #13
stockholmer Jul 2012 #35
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Firebrand Gary Jul 2012 #5
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alp227 Jul 2012 #15
karynnj Jul 2012 #41
mahatmakanejeeves Jul 2012 #45
24601 Jul 2012 #51
stockholmer Jul 2012 #8
demwing Jul 2012 #16
LineLineLineReply the thing is, that is all taken into account by seasonal adjustments and the street's consensus
stockholmer Jul 2012 #17
demwing Jul 2012 #18
Mayflower1 Jul 2012 #24
stockholmer Jul 2012 #27
MannyGoldstein Jul 2012 #9
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