-216,000 for August less than forecast but still not very positive.
July revised up to 276,000
9.7% highest since 1982
A soft economy expected for some time
Special note: David Rosenberg is on Bloomberg Surveillance. Interesting stuff.
He is saying fed balance sheet of $2T and no money out into the system with no consumer spending and unemployment rising is very troubling.
No comments:
Post a Comment