Friday, June 4, 2010

Horrific Jobs Number

Compared to what the market was hoping for, pricing in, counting on to save the world this is a freaking HORRIBLE jobs number. Increase of 431,000 (there were rumors of 700,000. Huge consensus miss!!. Even more important is that U.S. private sector (so ex census workers) only up 45,000.

Market will be down over 3% today. Futures TANKING!!!!!

1 comment:

John said...

Strong, strong call Jason!