Courtesy of ZeroHedge. View original post here.
It’s official, President Trump sees today’s payrolls data as “excellent”…
Excellent Jobs Numbers just released – and I have only just begun. Many job stifling regulations continue to fall. Movement back to USA!
— Donald J. Trump (@realDonaldTrump) August 4, 2017
But bond king Bill Gross is not expecting much of a reaction…
“It’s a rather strong economic report, but I don’t think it moves markets much,” Bill Gross says https://t.co/X3f4TPOk45 pic.twitter.com/GbuTZnGPbw
— Bloomberg TV (@BloombergTV) August 4, 2017
And he is right in stocks, which popped and dropped on the data…
But bond yields and the dollar are moving notably higher…