Friday is going to be great: Business Insider
The all important U.S. jobs report is out on Friday, and Business Insider has gone out on a limb and predicts that the numbers will knock the doors off.
"Our projection is well above the consensus Street estimate, which calls for a 210,000 new jobs. If the model is accurate, this will be the best nonfarm payroll report in six years — the last time the economy expanded by more than 300,000 jobs was in February 2006," writes Eric Platt.
The markets could use good news, which had a rough Tuesday. The TSX fell two percent, and gold took it on the chin on the same day, sliding to $1669.21/oz, matching January's lows. Some reports suggest gold could slip below $1,600.