Friday, November 02, 2007

Now the market will REALLY tank!

The October jobs number has arrived and it's a good'un. 166,000 net new jobs, more than twice the consensus forecast number of 80,000. So Monday, growth comes in at 3.9% (and well above expectations) and another rate cut is tossed to the Wall St. beasties. Tuesday the market tanks.

Now this.

I don't think my pension funds can stand much more good news.

No comments: