Very good non-farm payrolls, increased by 195,000 in June and the unemployment rate held steady at 7.6 percent as more people entered the workforce

Very good non-farm payrolls, increased by 195,000 in June and the unemployment rate held steady at 7.6 percent as more people entered the workforce. Economists at Goldman Sachs and JPMorgan revised previously held views on the Fed, saying they now believe bond-buying will start to wind down in September. September = Sell


James McKay
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