QOTD: Bank of Tokyo on June NFP

Today’s Quote of the Day is a classic, emphasis mine:

QE tapering is locked and loaded for the September Fed meeting after this morning’s number.  The cut from $85 billion may be less than you think, but the first cut is coming even if it’s not the deepest.  Why?  The jobs picture is a little better.  The Fed Chairman is focused on payroll jobs averaging close to 200K over a six-month period.  Before today, the three-month average was slower at 155K, but now with the revisions and all, the latest three month average is 196K.  199 April, 195 May, 195 June, it’s so darn consistent it almost looks like they are making it up.– Chris Rupkey, Bank of Tokyo-Mitsubishi

LOL, shhhhhh!

Source:

Economists React: Good Enough for the Fed to Pull Back (MoneyBeat)

 

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. 사설토토 commented on Dec 24

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2013/07/05/qotd-bank-of-tokyo-on-june-nfp/ […]

  2. software testing company commented on Jan 12

    … [Trackback]

    […] Find More on to that Topic: thereformedbroker.com/2013/07/05/qotd-bank-of-tokyo-on-june-nfp/ […]

  3. dumps shop legit commented on Feb 06

    … [Trackback]

    […] There you can find 43501 additional Info on that Topic: thereformedbroker.com/2013/07/05/qotd-bank-of-tokyo-on-june-nfp/ […]

  4. Azure DevOps commented on Feb 07

    … [Trackback]

    […] Here you can find 62724 more Information to that Topic: thereformedbroker.com/2013/07/05/qotd-bank-of-tokyo-on-june-nfp/ […]