A diary of the thought process behind my investment decisions
Friday's Jobs Report
Economist's estimates for Friday's Jobs report remains way too high. I cannot comprehend why after every economic number has been coming in soft they still expect non farm payrolls (ex-Census) to increase by 150,000. Today's ADP report should go a long way towards helping price in a bad number into the market. If the market is still depressed on Friday I expect we will rally on a bad number.