Waiting for the magic number
November 05, 2015 20:01:18 | 0 comments

Tomorrow the BLS releases the unemployment number and payroll number.Mr market believes that those numbers will determine what the FED will do next. Estimates are between 165 new additions and 170, below the 187 which would be below the average of the last 7 months. It is important to note that both numbers are below 200 a month which happens to be considered the number that shows the economy is still growing. If we continue with numbers below 200 I doubt the FED will raise rates.