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ADP Report misses

Posted by Buygold @ 10:09 on June 5, 2024  

No surprise to any of us here, but ADP missed, 152K vs. estimates of 173K.

I suspect ADP now is just as fraudulent as every other report we get from Wall St. and it’s probably a negative number.

We’ll see if they monkey around with the jobs report on Friday, it SHOULD be abysmal.

IMHO, the Fed needs a very weak report, but we’ll see.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.