harveykoss- I have
not read anything about it, but I remember Steve telling me that
Goldman Sachs is expecting a miss around 125, again I have not
verified that and Steve is away with his kids tonight to a game.
The last report was a disappointment last last
month so obviously it will be heavily looked at this time. I
guess we'll see...
Kind of funny that there is so much anticipation for this
number, but it is proven to be inaccurate (at best), revised after
the fact, and old news. Biderman's firm, Trimtabs, gets daily
employment numbers from publicly available tax receipt info.
His numbers never jive with the "announcement".... but they
can fudge and revise anyway. Here is his rant about it:
matt we keep talking about this jobs number how big do we expect it to be????
What do gold stocks, babies, bathwater, oil and apples have in common?
Posted by harveykoss on 3rd of May 2012 at 08:28 pm
harveykoss- I have not read anything
Posted by matt on 3rd of May 2012 at 09:02 pm
harveykoss- I have not read anything about it, but I remember Steve telling me that Goldman Sachs is expecting a miss around 125, again I have not verified that and Steve is away with his kids tonight to a game. The last report was a disappointment last last month so obviously it will be heavily looked at this time. I guess we'll see...
Kind of funny that there
Posted by kalinm on 3rd of May 2012 at 09:15 pm
Kind of funny that there is so much anticipation for this number, but it is proven to be inaccurate (at best), revised after the fact, and old news. Biderman's firm, Trimtabs, gets daily employment numbers from publicly available tax receipt info. His numbers never jive with the "announcement".... but they can fudge and revise anyway. Here is his rant about it:
http://www.zerohedge.com/news/why-you-shouldnt-trust-tomorrows-bls-number