NFP, Not Again?

Discussion in 'Trading' started by ETcallhome, Mar 4, 2016.

  1. After the fed raised I thought we were done with this NFP Friday. Nothing has changed. 180k to 230k is probably a non event, so we thought everything would just go as planned. Now it's even a more bigger deal. A bad number is really bad, but I don't know what a good number would be. But 180k to 230k puts us right back where we were before the fed raised. Are you sure about this employment mandate? What I mean is, if it comes out at the estimate 200k, does that mean the next fed rate hike is still on track?
     
  2. It will raise the chance of rate hike if this continues to be better than expected.
     
  3. I believe that the Fed is "comfortable" with the S&P at 2000...Hence, the tone might turn slightly more hawkish or perhaps less sidekicks chirping for NIRP.
     
  4. I think you might be right. Or at least that makes more sense than going back to NFP.
     
  5. I think it makes it more likely to hike, but not exactly "on track". The fed also looks U6 which improved a bit:

    The fed futures probability of hike for March is at 2% and 36% for June.