From Bloomberg’s Richard Breslow
Non-farm payrolls are coming. There’s no shortage of opinions on what the numbers will be. And if they come in as widely expected, they’ll be pretty good. Good enough that had this been last month, we’d still be having the tiresome “every month is live” debate.
This time around, markets may have to deal with how to trade a result where the number is sound, maybe even outright strong, and we’re still on perma-hold.