May ADP Jobs Report: +38K vs. +190K expected and +177K prior (revised from +179K). ADP notes "a...

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davidingeorgia Comments (2699)
 
Not surprising at all to anyone living out in the real world instead of inside the Bernanke/Obama Fantasyland theme park.
1 Jun 2011, 08:25 AM Reply Like

Conventional Wisdumb Comments (1802)
 
When weather forecasters as a profession have a better prediction ability you really have to question the validity of your profession. It must be pretty depressing to be a member of the dismal science.
1 Jun 2011, 08:25 AM Reply Like

Tommy_Finger Comments (315)
 
As a meteorologist by trade... thank you.
1 Jun 2011, 08:30 AM Reply Like

MarketGuy Comments (3983)
 
ok Tommy, that was funny!

On that note, today's the start of Hurricane season...is everyone prepared?
1 Jun 2011, 08:41 AM Reply Like

CharlieM Comments (150)
 
MG,
"today's the start of Hurricane season...is everyone prepared?"

In more ways than one....lol
1 Jun 2011, 08:44 AM Reply Like

youngman442002 Comments (4982)
 
Yes this will be a week the economists will talk about forever....they have been so wrong...
1 Jun 2011, 08:43 AM Reply Like

Trader14 Comments (224)
 
I can picture Mark Perry and the Calafia Beach Pundit desperately searching for a way to spin this in a positive way for equity markets.
1 Jun 2011, 08:48 AM Reply Like

George.H Comments (43)
 
"not entirely surprising", how funny, just like a joke. Just that all the economists are surprised.
1 Jun 2011, 09:56 AM Reply Like

ArKeh Comments (178)
 
Looking at auto sales may tell most of the story in the weak data: most Japanese OEM sales down between 20-30%; Germans up some 14%-50%. Germans have little Japan part exposure as opposed to Japanes and to a lesser degree US. A welcome misreading of the data will not prevent a sell off that is warranted by those willing to short. But the market reaction is irrational nontheless.
1 Jun 2011, 03:16 PM Reply Like

jmur2k Comments (2)
 
buy the VXX - now
1 Jun 2011, 04:43 PM Reply Like