MM119: When 'good' news is 'bad' news for markets & Are OPEC+ fighting a losing battle?
Market Maker
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Non-Fon Payrolls Drop
The initial knee-jerk reaction is that price mechanism of how markets are discounted, almost like what's expected is now really rock solid high jobs numbers. The interest rates expectation we talked about still will remain. It's just in the short term pricing, then the markets just got a little bit overextended on anything less than spectacular.
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