NFP Data: “Less bad is the new good”

Lost in all of the bank stress tests and market rally is a little data point today: Its the Employment Situation Report.

Given the past 6 months mayhem, we are set up for a better than expected number. Median estimates of economists for Payrolls is a fall of 600,000.

Remember, “Less bad is the new good.”

Release is due at 8:30.

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