I love this set of headlines from Neil Irwin:

Source: New York Times
Source: New York Times

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.

To contact the author of this article: Barry Ritholtz at britholtz3@bloomberg.net.

To contact the editor responsible for this article: Alex Bruns at abruns@bloomberg.net.