It wasn't done on purpose its just the way the holiday fell and when the numbers were released.....good Friday fell earlier this year than usual.....
Im keeping that prediction....all the market has to do is fall 5-10% between now and the end of the year for the fed to call off all rate hikes....don't you understand that the fed bows to wallstreet ....they are lying about raising rates...if you noticed last fed meeting they showed a slower forecast to their key target rate hikes into the end of 2015 so don't be baffled when rates are still at historical lows by the end of 2015....once the markets go into correction and start to fall apart the fed will take all rate hikes off....you will be lucky to see an 1/8 point rate hike by September ...they are going to use Fridays job report as an excuse to scale back any thought of a rate hike.....all this talk about rate hikes is all make believe ...where is the fed moving with over $4 trillion on their balance sheet..... And yes there is 99% chance of QE 4 if markets collapse and unemployment numbers fall hard like they did Friday....the fed is all about propping up markets so get ready for more magic tricks...
Remember when in 2007 GS took the opposite side of their clients? A similar scenario can never be ruled out.
HAHA ANOTHER BTFD MOMENT. DUDLEY already says QE 1000 here because we are down -0.3% on SPY. https://finance.yahoo.com/news/fed-watching-recent-weakness-rates-123132140.html
I have been talking about how irrational these markets have been for years, finally good to know that finally others are realizing how irrational this market really is. He says don't expect a rate hike until March 2016, which is absolutely right, however I doubt it even comes in March of 2016, if global markets slow and unemployment picks up you won't see a rate hike until 2020, they can't raise rates and anytime they even begin to talk about it I just have to sit back and laugh, they are bluffing, no rate hikes is what they really mean going forward, they have to keep this bubble inflated some way or another, and by keeping rates at 0% its the only thing they have going for them right now, once the bubble starts to deflate its going to be one hell of ride down, don't be surprised by a 50% collapse in equities, by then the federal reserve will have nothing left to fix the crisis and that saying "don't fight the fed", well that little catch phrase will long be forgotten.... The Federal Reserve is putting a wrench in how financial markets should be working by continuing to keep interest rates so low, David Darst, senior advisor at Morgan Stanley Wealth Management, said Monday. "We're in very irrational times," he told CNBC's "Squawk Box" in an interview. "Things don't work the way they should." Darst said forget the debate over whether the Fed will hike rates in June or September of this year. Morgan Stanley's chief U.S. economist, Ellen Zentner, sees the central bank waiting until March of 2016. The Fed will then be behind the curve, Darst said, with policymakers possibly raising rates eight times next year. "And that could upset the market." http://www.cnbc.com/id/102562484
Friday one of the worse job reports in over a year and just moments ago ISM misses and markets rally ... US service sector growth slips in March: ISM survey The pace of growth in the U.S. services sector fell in March to its lowest level in three months but exports rose to the highest level in over two years, according to an industry report released on Monday. The Institute for Supply Management said its services index fell to 56.5 last month from 56.9 in February. The reading was in line with economists' forecasts, according to a Reuters survey. The March reading was the lowest since a matching reading last December. A reading above 50 indicates expansion in the sector. http://www.cnbc.com/id/102562544