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RANsquawk Preview: Nonfarm Payrolls 3rd April 2015
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The BLS better get busy and add some magic seasonal adjustments or else we are going
to see a dismal number.
It's never been about the weather. It's about the bottom line.
Profit growth has evaporated year over year.
Companies react slowly to their declining profits, around a 4-5 quarter delay.
We will see a pick up in missed NFP numbers as they continue a downward trajectory.