With Treasury yields this low, who needs QE3? And by extension, does today?s nonfarm payrolls report matter to the financial markets?
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
The U.S. Bureau of Labor Statistics releases the January jobs report on Friday morning at 8:30 AM ET. The median estimate of 92 market economists polled by Bloomberg is that 180,000 workers were hired to nonfarm payrolls in January ... Read Post
Ahead of September's Non-Farm Payrolls report, Goldman Sachs (GS) is ominously lowing their numbers. Via ZeroHedge: Downgrading Our Sept Payroll Forecast BOTTOM LINE: We are changing our forecast for the September change in nonfarm ... Read Post