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Morning MarketBeat: Jobs Report Won’t Change Much

With Treasury yields this low, who needs QE3? And by extension, does today?s nonfarm payrolls report matter to the financial markets?
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Tomorrow Is Jobs Day In America—Here's What You Need To Know

Business & Finance : Business Insider: Clusterstock (last year)

Friday morning, we get the biggest labor market indicator of the month: February nonfarm payrolls (NFP), due out at 8:30 AM ET. Economists expect nonfarm payrolls to rise by 165,000 after adding 157,000 the month before. Private pay... Read Post

MORGAN STANLEY: Tomorrow's Jobs Number Will Have To Be Extra Ugly If You Want QE3 By The Next Fed Meeting

Business & Finance : Business Insider: Money Game (2 years ago)

If you're hoping for the Federal Reserve to announce more easy monetary policy at its August meeting, then tomorrow's June jobs report will need to show a negative nonfarm payrolls number, Morgan Stanley's David Greenlaw says. Howev... Read Post

Markets Sliding On Jobs Report

Business & Finance : Business Insider: Clusterstock (2 years ago)

The August jobs report is out and markets are reacting. Dow futures are up around 12 points right now. The 10-year yield is at 1.65%. U.S. companies added 96k nonfarm payrolls, which was much lower than the 150k forecast by economis... Read Post

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