Employment Growth Actually Fast Enough to Put Downward Pressure on the Unemployment Rate...
Joe Wiesenthal:
ADP JOBS REPORT SMASHES EXPECTATIONS AT 206K: Analysts were expecting 130K new jobs, but instead ADP just reported that there were 206K new private payrolls added in November. Also the previous month was revised up from 110K to 130K. Combine that with the big global coordinated intervention among the world's central banks, and you've got the brew for a gigantic rally today. S&P futures are up 2.7%…
Very nice to see...
