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All Eyes Are On Job Report

(2007-10-04 19:05:44) 下一個


It was a quiet day today and the market was up slightly (barely :) ).  There is no surprise here,  as everyone is waiting for  the job report due out in less than 12 hours.

The market is expecting 100,000 jobs are created.   Lately, all economic data suggested a slowdown (but expanding) economy and tame inflation except housing and job numbers.   The August's job report caught everyone by surprise, it might happen tomorrow. With the report garnering so much attention, tomorrow's market definitely will be driven by the final tally.

The ideal scenerio, according to the talking heads, is for the number to come a little weak but not too weak. it will be best if the number is 80,000, that way, it is weak enough for FED to cut the rate and it is strong enough to fend off a recession.  

What if the number is too strong? like 150,000. Then, the market will be in trouble. There are already doubts whether FED will cut the rate when they meet at the end of October,  too stronger a number definitely will change the whole perception.

What if the number is too weak, like nagative just like August?    it probably will be ok, at least, it is better than the job number too stronger.

So, here are the three possibilities, hope you have position yourself to take each scenerios into the consideration

GOD BLESS :)

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