Subscribe via email, get all daily posts sent to you next day (and without all the annoying ads)
One mightily awaited news release from the BLS linked right here. The headline number is 8.1%.
Update. gold shot up (now U$1713/oz) and the US Dollar dumped. On a first pass look at the BLS report, we have in our hands a very politicized document with plenty of bad news under the headline (eg 571k left the payroll, July revised down) but Obama won't care because he has a shiny 8.1% headline number to show his friends. Or in other words, it's the same bullshit as ever. And I look at the dollar action today....
...and can't help but think that Draghi + BLS is no coincidence.