re: 12 hours until December unemployment and jobs reports - guesses?

quote:

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A 6.9% print would prompt many in the White House to do a touchdown dance. Wall Street will go negative in the morning thinking that Yellen will bring in more tapering. After 11:00 AM Wall Street will then turn green realizing that Federal Reserve policy is no longer based on creating a monetary environment for low unemployment and the Federal Reserve will continue pumping. (Federal Reserve policy is based on keeping interest rates low so the federal government can continue to spend beyond the tax revenue it takes in.)

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