Oct. 1 at 1:16 PM
$AGNC $ORC $RITM
“ADP jobs data private payrolls declined in September, widely missing estimates.”
Another rate cut coming without a doubt, very bullish for the Reit sector.
“ADP's monthly employment report — in especially high focus Wednesday — showed private payrolls unexpectedly declined last month. The private sector lost 32,000 jobs, the report said, missing expectations for a gain of over 50,000”