The BLSBS is behind us and it was a bonanza for CDG and CDS. But that's only a fraction of the news that's pending for today so buckle in and get ready for continued volatility.
Let's start with that BLSBS. Despite over 400,000 "jobs" added via the birth-death adjustment, the number still came in below the expected 180,000 at just 150,000. Average hourly earnings fell, too, and the unemployment rate ticked up to 3.9%. Here's the ZH summary: https://www....
