Potential Game Changer
Today’s employment report surprise has the potential to make things a lot different, think very different in a macro sense.
1) Interest rates could start moving sharply higher and bond prices decline, possibly ending the whole interest rate decline since the early 80’s.
2) Gold has the potential of a free fall into the $ 750 area.
3) The dollar could move substantially higher out of the big base it has built.
4) Stocks are where the rubber meets the road however, they could go up substantially as money moves out of bonds and gold, or they go substantially lower as interest rates rise and earnings are hit. They will be the interesting sector.
We should start seeing changes in the Numbers now.
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