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The T-Report: Least Interesting NFP with Most Interesting Reaction

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Least Interesting NFP

This morning’s NFP data seems like the least interesting NFP we have seen in awhile. On Bloomberg, the estimates range from 50k to 175k. The range that wouldn’t surprise people seems to be about -50k to 300k.

We have had the shutdown, the debt ceiling debate, an incredibly strong Chicago PMI, and some other strong diffusion index data.

This number could be anywhere. But any number can easily be argued as an anomaly.

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