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2012-06-04

Very disappointing report on the U.S. labor market may likely to dip the share market

Very disappointing report on the U.S. labor market may likely to dip the share market this week.

Right on time about the end of year's first half (as expected) bad unemployment news turned up to rack an already panicked stock market which had been floating on fumes, hopes, & Fed propaganda. New jobs in May grew by 69,000, lowest in year and far short of the 158,000 economists expected.

Bad unemployment data in the face of an upcoming election will send the Fed skittering to the money pumps to keep the ship from sinking.

1 comments:

John June 4, 2012 at 4:24 PM  

love you details on whats going on right now in the share market. Thanks

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