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Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.
ADP employment $Rates $Oil
Interestingly the bond market does not believe in this ADP employment number as interest rates have risen since the number was released; on a weak number interest rates should have fallen.
Falling interest rates have also strengthened the dollar. The momo crowd aggressively bought gold and silver on the weak number but the rise in the dollar is hampering gold and silver. There is a fair amount of short covering in oil but a short squeeze is not yet underway.