non farm payroll report..
biggest news of the month...as you can see ,they were not so good.that was the second one in a row,which only happens in recessions..so i guess the report confirmed it..,and its really believed by only a few (one is Ron Paul the other is me,and maybe relentless) ,that we are on the brinks of stagflation..I've been hearing .75 rate cut coming.
all this is really bad news for the economy, we've been saying that since this board started..
I believe the time the economist are saying that the recession will be over is the time we will be in full blow stagflation.
So,
How was your day......?
;)
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