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To: NVDave

Consensus yesterday morning was +75K until the ADP report came out then it went to +90K.


15 posted on 07/06/2012 7:03:14 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: Wyatt's Torch

That’s an excellent example of models going astray.

If the models were better, they’d already be programmed to ignore the ADP report, which has little to no predictive skill for the BLS report.


43 posted on 07/06/2012 8:15:12 AM PDT by NVDave
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