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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Moment as we look at the labor economy of the united states. ,resident trump out front giving his strategy on the adp report to dovetail a big number for friday, with the reality of the adp report in 14 minutes. Jonathan i think we are both lost for words over this one. Adp report around 15 minutes away. The estimate, positive 1. 2 million. It continues with claims tomorrow and concludes with payrolls friday. The churn beneath the surface, we talked about this so many times. Claims only show you one side. We will try to get the net of things friday. Really unpredictable. Tom i agree, adp is a little squishy. It is likely john swann axios interview. Theres a huge margin of error on the jobs report. How do you see the bond market set up for the margin of error of fridays report . Lisa heres a question, are we already seeing a policy error with the delay of some sort of stimulus package . Are people going to be trying to find other reasons to take a move . I will say the bond market right

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