Bill Davison Number Quotations

The jobs numbers will be less reliable. If they are stronger, people will say it's because people had to hire more workers because of Katrina and it's only temporary. And if it's weaker people will also say that it's Katrina-related, ... The Fed's job has just gotten harder.

The bond market has been focused on looking for nuggets of weakness. But the payroll number could tip things the other way. Another strong number could start to change people's minds.