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  • November the 4th is in the books. Here on Wall Street. Here's the New York Minute.

  • It's been a quiet day on world markets with the non-farm payroll polls. It's going almost as unnoticed as the Fed meeting earlier this week .

  • Now if you take a look at the under-employment rate, which is improved dramatically since its worst points.

  • Or at average hourly earning now is growing as fast as they have done since the great financial crisis.

  • You can see that, yes, things are improving as the Democrats to put it.

  • But they're still pretty bad and could have improved much faster, as the Republicans would say.

  • They don't affect the election and they don't affect the calculates for next Fed rate decision.

  • When it comes to stock markets, you can see the FTSE developed markets index is now apparently 1% for the year.

  • The S&P 500 is sold off 9 days in a roll, which is the first time that's happened since 1980.

  • The Vix continues to spike, it's now higher than it was before the Brexit referendum.

  • And the dollar continues to sell-off. Obviously, all concerned about the possibility of President Trump they would all probably sell off a bit more.

  • If you want a recovery just a little bit, if he lost.

  • And that's the New York Minute.

November the 4th is in the books. Here on Wall Street. Here's the New York Minute.

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B1 UK FinancialTimes improved affect continues sell york

Payrolls? What payrolls?

  • 28 0
    Sabrina Hsu posted on 2016/11/15
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