That might souund a bit counterproductive to the well being of the average citizenry. Then again, Wall Street has never been a place that cared about the average, un-monied, man.
The Fed has their guns pointed right at us. Should tomorrow’s jobs report exceeed the anticipated 203,000 new jobs created, a Fed rate hike might become a reality.
On the other hand, if by chance we should miss that number, perhaps miserably, the trolls over at the Fed will have no choice but to stand down and proceed to playing games of bridge, instead of contemplating a rate hike.
Futures are higher by 0.6%, ahead of the open. But that’s rather meaningless, since everything hinges on tomorrow’s numbers.
As an aside, both Europe and Asian markets are having productive sessions.
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Can I get a god damned trend day.
I am worn-thefuck-out.
You’ll never get one by taking the Lord’s name in vain… unless you’re on The Devil’s team (I am).
the conspiracy theorist in me says – Fed Slacker only mouthpieced a fed rate hike in stocktober because he knew the jobs number would come in under, therefore priming the equities pump when it comes in low
then again … 😀 – perhaps Slacker wanted to ready investors for a rate hike just to prove they they actually could raise rates since everyone says they can’t and won’t … and perhaps the Pentagon has ordered a rate hike to put further pressure on Russia / Putin
No rate hike ever.
jobs lower than 200K raise the market?
142K…now thats a miss
welp, got what you wanted there
futs crashing