vrijdag 4 augustus 2017

"Excellent Jobs Numbers" Send Dollar, Bond Yields Higher; Stocks Shrug

It's official, President Trump sees today's payrolls data as "excellent"...
# Donald J. Trump @realDonaldTrump Excellent Jobs Numbers just released - and I have only just begun. Many job stifling regulations continue to fall. Movement back to USA! 
But bond king Bill Gross is not expecting much of a reaction...
# Bloomberg TV (@BloombergTV) "It's a rather strong economic report, but I don't think it moves markets much," Bill Gross says https:// pic.twitter.com/Gb
And he is right in stocks, which popped and dropped on the data...


But the dollar is moving notably higher...

As bond yields do...