US Oct. Nonfarm Payrolls 12K vs 113k Forecast, Prior 254K. Far far lower than expectations. This is ODD and MESSY! Well below expectations.. US Oct. Unemployment Rate 4.1% vs 4.1% Forecast, Prior 4.1

soyabean89 : what would be the impact of this skewed non farm payroll?!

Choong SH soyabean89 : bond yield goes down

soyabean89 Choong SH : omg....my bond portfolio....

Choong SH soyabean89 : it means bond price goes up. good for you.

Sunny Soh OP : As a statistics student, this data point may be classified as an outlier, a data point that differs significantly from other observations. It's a value that lies far from the majority of the data points.
In simpler terms: It's like a data point that doesn't fit the pattern.
Why are outliers important?
* Identifying errors: Outliers can sometimes indicate errors in data collection or entry.
* Highlighting anomalies: They can reveal unusual or unexpected events or trends.

soyabean89 Sunny Soh OP : thank you for the explanation. guess tonight no need vomit blood before sleep

soyabean89 Choong SH : oh! thanks for that explanation