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Tyler Durden's picture




 

While consensus is 230k, the whisper number for non-farm payrolls has ticked up to 270k from London's earlier 260k according to Bloomberg's Richard Breslow.

Here's how the numbers may play out...

245k and equities cut losses and everyone heads to Fire Island on an early train

 

200k and USD hit, equities fly and everyone heads to Quogue on an earlier flight

 

300k and bonds get smoked, USD flies, EM vomits, equities utterly confused and floor clerks arrive disheveled and sweaty to a cold dinner in Bensonhurst

Goldilocks or Anti-Goldilocks?

 

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Fri, 08/01/2014 - 08:20 | 5031936 wallstreetapost...
wallstreetaposteriori's picture

Sounds bullish for stocks in every scenario... eh why not/

 

I'm going on a limb and saying number is 190K, stocks sell off and bonds and gold rally.

Fri, 08/01/2014 - 08:22 | 5031949 Bossman1967
Bossman1967's picture

because today the fed bails out the market and thier manipulation goes on till they are ready. we arnt in a war YET.

Fri, 08/01/2014 - 08:26 | 5031960 wallstreetapost...
wallstreetaposteriori's picture

gold must know something.... futures just took a dive..

Fri, 08/01/2014 - 08:29 | 5031968 I Am Not a Copp...
I Am Not a Copper Top's picture

No someone has the report already and dumped gold

Fri, 08/01/2014 - 08:41 | 5031999 Racer
Racer's picture

They don't care what the report is, they dump anyway

Fri, 08/01/2014 - 09:03 | 5032086 RaceToTheBottom
RaceToTheBottom's picture

Gold takes better dives than Greg Louganis.

 

Fri, 08/01/2014 - 08:42 | 5031955 GetZeeGold
GetZeeGold's picture

 

 

Since no one who loses a part time 29.5 hr/wk job qualifies for unemployment.....we should be at zero unemployment pretty damn quick.

Fri, 08/01/2014 - 08:20 | 5031941 Took Red Pill
Took Red Pill's picture

Their numbers are all BS anyway

Fri, 08/01/2014 - 08:22 | 5031946 slaughterer
slaughterer's picture

Lots of seasonal temp hiring for cocktail waitresses and hospitality assistants will push the number up.

Fri, 08/01/2014 - 08:24 | 5031956 Bossman1967
Bossman1967's picture

let's not forget about strippers and pot salesman

Fri, 08/01/2014 - 08:25 | 5031959 GetZeeGold
GetZeeGold's picture

 

 

Doesn't qualify.....that's all contractor stuff.

Fri, 08/01/2014 - 08:21 | 5031947 Tjeff1
Tjeff1's picture

150 - yields tank.  Equities & gold tread water.

Fri, 08/01/2014 - 08:22 | 5031953 Bill of Rights
Bill of Rights's picture

Most Recent Sentier Release on Household income July 28, 2014

http://sentierresearch.com/reports/Sentier_Household_Income_Trends_Report_June2014_07_28_14.pdf

Fri, 08/01/2014 - 08:23 | 5031954 Cognitive Dissonance
Cognitive Dissonance's picture

Whisper number. Sounds like a bunch of grade school kids whispering dirty words to each other before falling into fits of laughter.

Fri, 08/01/2014 - 08:26 | 5031958 ekm1
ekm1's picture

Jobs report will be whatever the central command has ordered it to be, no more and no less

Fri, 08/01/2014 - 08:27 | 5031965 fonzannoon
fonzannoon's picture

correct and central command will have the markets respond however they feel the markets should respond to their number.

this ain't that hard.

Fri, 08/01/2014 - 08:30 | 5031971 ekm1
ekm1's picture

Precisely

Fri, 08/01/2014 - 08:33 | 5031979 Oldwood
Oldwood's picture

So you are saying its all rigged? I just can't force myself to believe that the markets are all contrived simply for the enrichment and power of a relative few.Its just impossible!

Fri, 08/01/2014 - 08:37 | 5031988 fonzannoon
fonzannoon's picture

Oldwood

IT'S ALL RIGGED

 

https://www.youtube.com/watch?v=cJX1REQB12o

Fri, 08/01/2014 - 09:07 | 5032104 Oldwood
Oldwood's picture

I'm a little slow, but yes, I have been hearing those words for some years now. I used to believe that it was simply cycles. that every recession was the foundation for the next boom of prosperity and that if I just rode the waves all would be well. the trouble is there are much bigger cycles that obscure the smaller ones. There are waves and then there are WAVES. Rather than taking a warning from the smaller waves they have simply enabled us to believe that as we have survived those of the past that we are invincible to those of the future. Normalcy bias. But looking at the facts, I'm lead to believe that this will end very badly. Wealth extraction through banks and stock markets and bond markets, luring money in from greed and fear, it has been captured. Captured not just for enrichment but control, as that is the ultimate wealth.

Fri, 08/01/2014 - 08:58 | 5032005 Bossman1967
Bossman1967's picture

Wake up Oldwood. The real world outside the top 10 percent is rolling over and head high in debt

Fri, 08/01/2014 - 08:59 | 5032074 Oldwood
Oldwood's picture

Sarcasm was intended. Of course the market is rigged, its fucked and anyone participating in it is contributing to the "end of times" in my view. These banker fucks would be living in poverty if not for all those intent on getting rich without actually working for it. So place your bets and get rich fast, and if it all goes to shit, its not your fault. I mean how could you have known, right? As so many have noted, it still beats working for a living, like so many of us stupid fucking muppets.

Fri, 08/01/2014 - 08:26 | 5031962 Bill of Rights
Fri, 08/01/2014 - 08:44 | 5032012 Cognitive Dissonance
Cognitive Dissonance's picture

The new normal?

Fri, 08/01/2014 - 08:27 | 5031963 Confundido
Confundido's picture

And it's that time of the day, 8:20am ET: Time to smack gold down. 

Fri, 08/01/2014 - 08:29 | 5031969 youngman
youngman's picture

Gold is always smacked down on Jobs number days

Fri, 08/01/2014 - 08:31 | 5031974 youngman
youngman's picture

209,000...rate up to 6.2%

Fri, 08/01/2014 - 08:39 | 5031993 El Hosel
El Hosel's picture

Goldilocks likes it... seeing more evidence of the "fragiltiy" of the buy the all time new normal recovery. Moar all time highs will likely be needed to fully restore confidence in the Ponzi Palooza. 

Fri, 08/01/2014 - 08:38 | 5031987 Tigg47
Tigg47's picture

Coversion from full-time to part-time is over the hill hence the 209k figure.

Real data cannot be conceiled forever.

Fri, 08/01/2014 - 08:40 | 5031989 Bossman1967
Bossman1967's picture

Fox news said 191,000 hmmmm the gold and silver 1day charts look like an ekg reading.

Fri, 08/01/2014 - 08:47 | 5032019 Oldwood
Oldwood's picture

Its all good...or is it bad? I forget! Damned this so confusing, but are we still supposed to BTFD?

Its really all pretty funny if it were not so fucked. I just spent $40 k yesterday to buy a "new" used machine for our shop and the markets drop like a rock. When I last purchased silver it was about $35 and within a week it dropped to $20 and has pretty much stayed there since. I can't help but wonder what would happen if I bought $100k in stocks and $50k in gold what the markets would look like then.

Fri, 08/01/2014 - 08:59 | 5032070 Bossman1967
Bossman1967's picture

No don't buy it please no more drops lol

Fri, 08/01/2014 - 08:48 | 5032032 esum
esum's picture

the # is meanigless

how many full time good paying yobs...

hey mom, my harvard degree qualified me for men's roon attendant on the jersey turnpike.... you and dad can stop in on your snowbird trip... ill comp you a new roll....its like eating pussy.... once you get past the smell youve got it licked

Fri, 08/01/2014 - 08:58 | 5032069 Peter Pan
Peter Pan's picture

The market cannot rise forever but with volatility there is always a chance for those in the know to make money.

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