NFP Day!

Friday, February 01, 2008 | 08:18 AM

In all the hubbub about the MSFT/YHOO bid, we almost overlooked the December Non Farm Payroll data.

There were a very mixed set of data leading up to this -- the big leap in Unemployment claims (impacted by MLK day) and the surprisingly strong ADP Report.

To me, the most important issue will be the Annual Establishment Survey Benchmarking.

If things work out the way they should -- an unfortunate rarity when it comes to government statistics -- we will find in about 10 minutes how many jobs the economy actually created in 2007. This has the potential to truly roil the markets.

I will get a follow up on NFP, as well as our overview on the equity markets later today . . . 

Friday, February 01, 2008 | 08:18 AM | Permalink | Comments (4) | TrackBack (0)
de.li.cious add to de.li.cious | digg digg this! | technorati add to technorati | email email this post

bn-image

TrackBack

TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d8341c52a953ef00e5501fb9be8834

Listed below are links to weblogs that reference NFP Day!:

Comments

Benchmark cuts nearly 300K jobs

Posted by: Karl Smith | Feb 1, 2008 8:52:38 AM

The comments to this entry are closed.



Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      

Archives

Complete Archives List

Blogroll

Blogroll

Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:


Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites

FeedBurner


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo

Disclaimer

Disclaimer

Odds & Ends

Site by Moxie Design Studios™

FeedBurner