vxx drops another five today
I hate to be the debbie downer but if you look at the report the household survey had -250000 jobs while the payroll number was up 151000. It starts to be a matter of whether they are BSing us at the BLS - part of me says the number is so illogical and subjective that we shouldn't get too excited.
Agreed. Positive jobs report but a long ways to go, obviously. That's why Bernanke is trying to create the wealth effect through QE, while staving off deflationary pressure.VXX down 2.5% already on heavy pre-mkt volume.
thanks to our black God in the white house ....obama the world leader does it againthanks man