Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Stocks, Bonds Sink As Dec Rate-Hike Odds Hit 80% After Worst Jobs Data In Over 7 Years

Courtesy of ZeroHedge. View original post here.

The utterly useless data gushed forth by The BLS this morning – affected dramatically in all directions by Irma and Harvey – did not worry the algos who sent Dec rate-hike odds soaring (to 80%) and sparked selling in bonds and stocks.

December is a done deal on the back of statistically ridiculous data which saw average hourly earnings rise at the highest level since the financial crisis.

Of course, that is not a surprise because as we reported earlier, "Any weakness will be attributed to hurricanes, while a beat on payrolls or wages would be seen as supporting a Federal Reserve interest rate increase in December."

Well, what happened is that the jobs drop was attributed to hurricanse while the wage growth was attributed to the… economy?

In any case, the dollar is spiking:

And bonds and stocks are sinking:


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!