Is it cliché to say, “expect the unexpected”?

Is it cliché to say, “expect the unexpected”? While yesterday’s unexpected events – The ECB rate decision and US GDP data – weren’t enough to get the metals to break from their stubbornly held ranges, this morning’s release of October Non-Farm Payroll data could change the tone of the markets “wait and see” approach ahead of Decembers FOMC meeting. October job creation came it at net +204K jobs, which makes you wonder if those “polled economists”, who guestimated just 120,000 jobs added, were worried more about what price they should get in on the Twitter IPO than accurately predicating employment figures. However, their prognostications could eventually be acquitted as history has shown we wouldn’t be going too far out on a limb to expect the inevitable downward revision come the first week of December. Unemployment remained at 7.3%. September consumer spending rose .2% but continues to lag behind incomes that rose .5%. at 9:55 am market participants will take in consumer sentiment data.  Gold is down nearly 1.5% from yesterday’s close of $1308.50. Platinum is approaching 1% down on the day but continues to find some cushion to the downside as the National Union of Mineworkers are still on strike at Northam and the AMCU wage talks remain deadlocked. Have a wonderful weekend!