Ned Riley Report Quotations

I think the bond market has already discounted a favorable report but not a negative report, ... If we see something less than 150,000, bonds will rally and stocks may, too.

What really happened today is the retail sales report set the right tone, ... It appears that consumer spending is down.

The jobs report is the cornerstone of the week. But a lot happens ahead of it.

The unemployment claims declined a little, so that calmed some nerves. We saw some short-covering (buying of shares sold short) yesterday (Wednesday) and we may see more of that today, but I think people are holding their breath a little for the labor report tomorrow (Friday).

The report will give investors some feeling in terms of wage trends, and inflation,

The May payrolls report will be the celebrated one next week, and there may be some controversy around it.