With the market unsure how to trade today’s payrolls number, with both a very strong and a very poor report likely to spark selling, we just got the verdict: at only 75,000 jobs created in May…
… this was not only the worst print since the shocking 56,000 increase in jobs in February, but also 100,000 below the consensus number of 175,000. It was also below the lowest Wall Street forecast, and 4-sigma below consensus as not a single Wall Street analysts guessed a lower number.
Developing
via ZeroHedge News http://bit.ly/2QX6nEn Tyler Durden