Non Farm Payroll Preview

A lot of cross currents about today’s NFP

There is a small group of analysts that have been whispering about a negative number in NFP for November; That seems to be less likely since the (usually wrong) ADP report.

There is another group that has been talking up a blow out number, and while many in that camp have been singing the same song, the ADP is manna from heaven to them.

And lastly, as we showed yesterday (Withholding-Tax Collections Look Solid), W/H info looks pretty decent.


Employment situation report released at 8:30am

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