Andrew Hoffman--What's Behind Record PM Physical Demand? #2362

Manipulaton Mondays with Andrew Hoffman:

1. Catalonia

                -81% vote Yes to secession (Article not yet out, but on this topic today)

2. Swiss Referendum

                -Euro/CHF at two-year low, as speculation of peg being broken increases

                -Catalonia will only empower the Swiss further

3.  NFP report

                -horrible, as I expected - economic data, political reasons following Repub victory

                -accounting for unemployment rate didn't even make sense

                - 137,000 B/D jobs, same ugly internals

                - more in line with the "trifecta" of negative durable goods, factory orders, and construction spending in September

                                -let alone, 3Q GDP - lowest consumption spending since 2009, but surge in government defense spending to bomb isis, as more boots on the ground added

AND MUCH MORE!!!!