InvestorsHub Logo
Followers 140
Posts 4743
Boards Moderated 2
Alias Born 02/19/2013

Re: Zeroze2002 post# 47197

Friday, 02/05/2016 10:18:06 AM

Friday, February 05, 2016 10:18:06 AM

Post# of 63744
See, you get it.. what does the market not understand?


Totally. It's not like the jobs report is predictive anyway, it is a lagging indicator. All of the forward indicators say that fed will not hike as fast as they said which will keep supporting gold.



http://www.zerohedge.com/news/2016-02-05/post-payrolls-reaction-sell-everything-buy-dollars
The most obvious reaction to the "great" drop in the unemployment rate and "huge miss" in payrolls is a rise (yes rise) in rate-hike odds for 2016. This appears to be why the Dollar is spiking and bonds, stocks, crude, gold and everything else is being sold...


BAA
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.