Looking at the Reactions to the Jobs Report: Ritholtz Chart

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
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I love this set of headlines from Neil Irwin:

We have written a lot of columns arguing that non-farm payrolls should be mostly ignored by traders but Irwin does a masterful job showing the varied responses to what is essentially the same exact data.

Be sure to also see the animated statistical noise charts he created to explain this.

This column does not necessarily reflect the opinion of Bloomberg View's editorial board or Bloomberg LP, its owners and investors.

To contact the author on this story:
Barry L Ritholtz at britholtz3@bloomberg.net