Adam posted a great preview here:
Goldman Sachs' estimates are for:
- headline nonfarm payrolls +350k in August
- unemployment rate edged down to 3.4%
Goldman Sachs on the equity market impact:
- the sweet spot for stocks tomorrow is a 0 – 100k headline reading
- should get a 100+bp rally for S&P in this scenario after this recent drawdown
- If we happen to get a negative number an even sharper rally
Other headline forecasts:
