“Death, Taxes, & A Disappointing August Jobs Data” – Why Tomorrow’s Payroll Print Will Be A Farce

As the world awaits tomorrow’s “most important jobs data ever” on the basis that it alone will decide the path of The Fed’s data-dependent rate decisions and thus the tightening of financial conditions across global markets, there is one chart that everyone has to see…
August NFPs have been weaker than consensus expectations in each of the last 5 years and in 14 of the last 18 years of available data.

This post was published at Zero Hedge on Sep 1, 2016.