What Do Markets Want More: A Good Or Bad Jobs Report
Answer: it's a trick question.
The S&P jumps on both a good and a bad jobs report...
What happens one day later is a different question!
Answer: it's a trick question.
The S&P jumps on both a good and a bad jobs report...
What happens one day later is a different question!
Los Angeles serial killer known as the “Grim Sleeper,” who preyed on destitute and vulnerable black women for over three decades, was convicted on Thursday of murdering 10 people. His victim’s families can now reconcile with the memory of their loved ones. Christian Science Monitor reports: It took decades for an arrest to occur, and even more time passed before a conviction was reached. But on Thursday a jury in Los Angeles County convicted Lonnie Franklin Jr., a former garbage man and mechanic, guilty of 10 murders. Mr.
Seriously...
http://www.youtube.com/watch?v=FsqJFIJ5lLs
First things first - it's payrolls day so stock ramp no matter what... But gold topped stocks post-payrolls and bonds were sold as crude rallied most...
It's been a volatile week...
Submitted by Lance Roberts via RealInvestmentAdvice.com,
It has been interesting as of late reading the numerous views espousing the value of “indexing” and lamenting the short-term underperformance of some fund manager. What is more interesting is a large majority of these individuals have only been involved in the markets post-financial crisis. In other words, many of these individuals have never lived through a 2000 or 2008 type financial market event.
In The Fountainhead, Ayn Rand describes the heroic architect Howard Roark as possessing a “body of long straight lines and angles, each curve broken into planes.” Unlike the athlete’s graceful physique, his body is taut, standing rigid like the monumental buildings he designs. No matinee idol, Roark’s “hard, forbidding” face is striking but not exactly handsome. His narrow mouth inclines toward a contemptuous smirk; his hair is “neither blond nor red, but the exact color of a ripe orange rind.”