Some Common Cents For September 4th 2015

September 7, 2015, by John Norris

0307-Jobs-ReportThanks to the August Employment Situation report, today was almost a damned if you do and damned if you don’t day. If the economy created “too many” jobs in August, many feared a Fed rate hike, sooner rather than later, would be a near certainty. If the economy created “too few” jobs, well, the economy was/is weaker than expected, and that isn’’t too good either. Pick your poison

With that said, I am not sure I have ever seen such a confounding reaction to a lukewarm economic release in my career. Seriously, this morning’s jobs report was about as benign as a plain bagel with nothing on it, not even toasted. Okay, I have to admit I don’t care if I ever eat another bagel in my life. So, you might have to pick your own poison on that…Read On…