Folks, this morning’s ADP number blew away street. Private-sector payrolls increased by 325,000 last month, far surpassing the forecast of 178,000. Now the expectations for tomorrow’s non-farm payrolls are even higher, but the range is still pretty significant—the projections are anywhere from 110,000-200,000. Tomorrow’s number will be the real tell, of course, but it’s nice [...]

Folks, welcome to the new rally! As I write this, prices are spiking all over the world. The strength we’re seeing is a result of today’s ADP report, the jobs number that precedes the big monthly employment figures that will be released tomorrow. According to the report, the private sector added about 157,000 jobs in [...]