ADP report at times not reliable but that is the lowest since March 2014.
up against ISm non manufacturing services hit a high since Nov 2015.
OIl inventories well down again.
In the end the FED will look at Inflation, Growth, Job numbers including wage growth , and USD fx rate.
Inflation. splat , still below 2% target .
Growth currently splat - retail is still looking poor;.
Job numbers especially wage growth : splat
USD still way too high .
The only case I see a raise is high Asset prices and low Bank earnings but I don't think that falls in the FED's charter if I'm mistaken.
BDR Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held