Bring On The Weekend

It's madness, everywhere. It's also clear that we are entering into even darker times ahead. But, for today, let's check the BLSBS and look for some levels to watch ahead of a 3-day US market holiday weekend.

Let's start with that BLSBS. The absolute "jobs number" came in pretty much near the expectations we had...still up but not as much as last month due to the birth-death adjustment being less. However, the "unemployment rate" edged up two ticks and this was enough to get the algos to dump the POSX and buy CDG and CDS. Well, whatever. I'll take it....

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Key Economic Events Week of 12/5

12/5 9:45 ET S&P Services PMI
12/5 10:00 ET ISM Services PMI
12/5 10:00 ET Factory Orders
12/7 8:30 ET Productivity
12/7 8:30 ET Unit Labor Costs
12/8 8:30 ET Initial Jobless Claims
12/9 8:30 ET PPI
12/9 10:00 ET UMich inflation exp.

Forum Discussion

by Titus Andronicus, Dec 3, 2022 - 1:57am
by Titus Andronicus, Nov 26, 2022 - 10:18pm
by Island Teal, Nov 26, 2022 - 2:54pm
by Titus Andronicus, Nov 14, 2022 - 10:32pm