ECONODAY: Bring on that rate hike! Nonfarm payrolls surged 271,000 in October vs expectations for 190,000 and against Econoday's top-end forecast for 240,000. Revisions in prior months are not a factor. The unemployment rate is down 1 tenth at 5.0 percent with average hourly, to underscore all the strength and in a hint of wage inflation, jumping 0.4 percent. Government payrolls, up only 3,000, did not inflate the headline payroll gain as private payrolls rose 268,000...
