How can it avoid depression?
Art Cashin, director of floor operations at UBS, said there was some market talk that the September nonfarm payrolls could be weaker. A weak number would be negative of stocks. "If it's a bad number, they'll figure that puts the Fed further on hold, and may mean the economy is more vulnerable. I think the real problem is numbers like the ISM and regional ISM have all been dreadful," he said.