Friday's big, hopping market event is the government's release of the July nonfarm payrolls count.
Last month, Goldman Sachs chief economist Jan Hatzius was able to Nail the Number with a spot-on 195,000 guesstimate (no, he didn't actually get the prize). This month, so, you know, Goldman's Sven Jari Stehn is doing the guessing, and he puts the count at 200,000.
We here at NetNet have no idea what this month's NFP number will be. What we do know, however, is exactly how many items there are in the Morning Six-Pack:
Fabamundo? Maybe not so much. Fabrice Tourre went down in flames Thursday, as a jury leveled guilty verdicts against the former Goldman Sachs trader on almost all of the civil fraud counts brought against him. Neil Irwin at Wonkblog asks a pretty important question, though: 'Fabulous Fab' Tourre played a bit part in the mortgage crisis. So why is he the only one paying a price?
What are they waiting for? Apple, it seems, has been without a head of its retail operations for 10 months. Not good, according to Ian Sherr and Joann Lublin of The Wall Street Journal. Apple Stores Glow Less Brightly