Unemployment rate jumps to 5.1%
U.S. payrolls report raises concerns of widespread job losses and ultimately a more significant economic slowdown — this in the same week Fed chief Ben Bernanke allows that a recession may have taken form.
Greenspan said it best about the tech bubble and anyone with half a brain should not be BUYING into a quagmire of poor economic data. Patience is the key here folks as this GIG will implode.
Blog description
- Rodney
- A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.
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