May 05/14 – For how long will the market believe the Fed?
On Friday the US released their much anticipated unemployment figures. They were much better than expected with the Change in Non-farm Payrolls coming in at 288k versus a forecast 218k. The previous month was also revised to 203k from 192k. This is the third month in a row that payrolls met or exceeded expectations:
US Non-Farm Payrolls versus expectatio…