The MacroTourist

The MacroTourist

Apr 07/14 – What the heck happened Friday?

Kevin Muir's avatar
Kevin Muir
Apr 07, 2014
∙ Paid

Friday was a really interesting day. The US unemployment numbers were released and they came in pretty well spot on consensus.

Even though the numbers were what the market would have been expecting, the trading reaction to the release was completely out of line.

For the first hour the stock market was relatively well behaved. The stock market futures slow…

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