iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Non Farm Payrolls: Prior 233k, Market Expects 215k, Actual 120k …Unemployment Rate @ 8.2%

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5 comments

  1. Mr. Cain Thaler
    Mr. Cain Thaler

    It’s fine, nobody is trading today, so it’s like it never happened.

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  2. Fly Leech

    I love that picture, very pretty.

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  3. thorium

    Question: What’s the effect of a NFP miss on gold? I’m thinking it causes people to sell dollars and since gold is like inverse exposure to dollars gold will go up? Am I on the right track here?

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    • FIG

      High unemployment is normally deflationary. Therefore, lower stock prices and lower gold prices.

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