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DOJ Secures Agreement with Union County, New Jersey, Under the Voting Rights Act. Philadelphia CBP Officers Discover Nearly $400k Cocaine Load on a Flight from Jamaica Pennsylvania. Retired SPED Teacher Sentenced for Traveling Overseas to Sexually Abuse Children ....
In our preview of today s jobs report we said it would be hot but not too hot, and that s precisely what happened when the BLS reported that June s payrolls data was strong (850K) but not too strong (wages eased, unemployment rose). And as Bloomberg recaps in its intraday wrap, namely that stocks climbed on speculation the economy is recovering at a pace that won t make the Federal Reserve imminently take away the liquidity punch bowl that has helped push the market to a record , we can conclude that today s jobs report was goldilocks: just right to propel virtually all risk assets - including stocks, treasuries, gold and oil - higher, while the dollar tumbled as all those recent shorts who decided to close their positions and go long the greenback in recent weeks, were again stopped out. ....