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Find Bloomberg Surveillance on Apple Podcasts, Soundcloud, Bloomberg.com and of course on the Bloomberg. Do you want to hear in New York, I'm pleased to say is Howard Ward, CIO of growth equities at

Gabelli Funds. Good morning to Howard. Good morning, John. What are we looking for in

about 90 minutes? What are you looking for? Well, I think we're going to have a good number and I know I can't tell you whether it's going to be

185 or 250, but it probably is going to be in there somewhere and I just would point out that we have to hold back from putting too much weight on any one month's numbers.

You need to look at the trend line, three month average.

And not only that, but remember that these numbers tend to get revised once or twice and so the headline number we get today may not last

well the average number through the year so far is north of 200 k it's pretty stunning how would we you set up? Did you think the economy

would go out to this higher sort of higher trajectory that it's reached over the

last couple of months or so? I would tell you yes because we're having a terrific year so we must have been doing

something right in our growth fund which is up about 20% year to date and 29% plus over the last 12 months.

But that's been with a focus on what I'm

going to describe as defensive growth stocks,

which means zero weights to underweights in energy,

...