Trader Willis is particularly looking for one number this week: The employment data on Friday. Any improving employment number will certainly benefit Obama and make it harder for Romney. There it doesn‘t appear to be a correlation between the ADP and the BLS numbers, but the fact of the matter is the ADP numbers had been telling us what was going to happen with this months unemployment numbers. So it is worth keeping Quelle: DAF… [weiterlesen]
Market expert Willis: “U.S. markets are gonna be ruled by surprises this week”
6. August 2012 von
The strong nonfarm private payrolls are rather causing some concerns, than any relief, the trader says: What we saw there were adjusted numbers deriving from the statistics of the BLS and not real jobs. In other words, the government workers did their job on behalf of the president, which raises a little disconcert in me. Fed chairman Ben Bernanke said that the U.S. government has to do its job as well as the Fed does. Seems Quelle: DAF… [weiterlesen]