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Notes to myself, possibly of interest to others.
-- Bill Northlich

Wednesday, November 30, 2011

Actual Green Shoot. Four-ish Years In...

ADP jobs report smashes expectations at 206K...Also the previous month was revised up from 110K to 130K. Combine that with the big global coordinated intervention among the world's central banks, and you've got the brew for a gigantic rally today...Remember, this is just private sector payrolls, so it only pertains to that aspect of Friday's Non-Farm Payrolls report.
---Joe Weisenthal, Business Insider; Hat Tip DeLong

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