The 190,000 jobs estimate is the Average of a Bloomberg-News survey of 87 economists. The Bloomberg article is linked at the bottom of this Rush Limbaugh News;
http://www.rushlimbaugh.com/daily/2013/04/05/we_are_living_in_a_dying_country
US Macro Data Plunges Most In 10 Months
Submitted by Tyler Durden on 04/05/2013 19:53 -0400
The last two weeks have not been pretty for the 'it's different this time' crowd. Day after day has brough miss after miss in macro-economic data for the US; from PMIs to NFPs, no matter how hard you try, there is not even enough for an 'anecdotal' strategist to pin his BTFD thesis on. Quantitatively, the US macro surprise index has seen its biggest 10-day drop in 10 months, completely reversing all the 'seasonally-adjusted' difference from the 2011 'Deja-Vu' market and macro behavior. So with the first pillar of bullishness (macro data is 'supportive'), it is up to earnings (but but but profitability is at highs) to hold up the market - good luck with that.
Biggest 2-week drop in macro data in 10 months...
is reverting all the 'seasonally adjusted' green shoots that made this time different from last year...
and once again, just for fun, someone explain how the market is not solely dependent upon the Fed for this to occur?
Charts: Bloomberg