by Mike ‘Mish’ Shedlock
Mish Talk
FRBNY Nowcast for 3rd Quarter GDP 2.6% vs. GDPNow 3.8%
Despite Jobs Report, Rate Hike Odds Remain in 2017
Jobs Surge Second Month, +225,000; Unemployment Rate Unchanged at 4.9%
German Factory Orders Unexpectedly Decline (Don’t Worry, It’s “Just a Breather”)
Word of the Day “Action”: Stimulus “Whatever It Takes” Bank of England Style