Wednesday, November 2, 2016 As Q3 earnings season blasts through another thousand or so companies’ earnings this week, we see the Fed meeting yesterday and bringing forth a statement today on interest rates, as well as the latest ADP private sector payroll number, which is the main precursor to Friday’s non-farm payroll report number. The monthly jobs survey from payroll services firm Automatic Data Processing ADP showed a gain of 147K private-sector jobs in the month of October. This was below the consensus estimate of 170K, though we see a big upward revision to September’s tally: 202K, up 48K from the initial read. […]