Good jobs report today

[Funky Bunch]

Should set us up for a December rate hike. Wonder how the market will react.

http://finance.yahoo.com/news/burst-hiring-us-employers-added-133807005.html

 

[theVoicefromtheTomb]

Not sure how the market will react but I think the idea of a 25 point hike in rates from a base of zero is almost meaningless to the general economy.

 

[Funky Bunch]

Not sure how the market will react but I think the idea of a 25 point hike in rates from a base of zero is almost meaningless to the general economy.

So you think they should bump it up 3%

 

[ottumwan in tx]

isn't this when everyone starts to ramp up for Christmas, which will be horrible this year by the way, so far november spending is dead, the economy is tank city

 

[theVoicefromtheTomb]

I think over the long term they will.

Your guess is as good as mine how long that will be.

 

[TexMichFan]

Should wait for the adjusted figure.