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Thread: Jobs Report Contest - Oct 2017

  1. #13

    Default Re: Jobs Report Contest - Oct 2017

    Quote Originally Posted by James48843 View Post
    Why is the market reacting with "Meh", to a healthy jobs report like that?

    As of this writing, the S&P 500 is down .06% this morning. What gives?
    The number missed the 300K estimate.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.

  2.  
  3. #14

    Join Date
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    Default Re: Jobs Report Contest - Oct 2017


    Congrats DreamboatAnnie!

    What's frustrating with the Jobs Report is that it is always off as indicated by all the prior revisions...last month's was off by 51K (-33K vs +18K)

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  5. #15

    Default Re: Jobs Report Contest - Oct 2017

    I agree. The revisions over the years have been so dramatic at times that it makes you wonder why they don't wait a while before releasing the report. Of course that would open the door to more insider trading possibilities, but I'm not sure what good it does to pass out data that may be completely off.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.

  6.  
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