Monday, June 4, 2012

Jobs - Another bad 4 Letter Word

Euro and Jobs are competing for ugliest four letter word right now.  Markets gasped on Friday when it learned that the US added a paltry 69,000 new jobs in May.  This is far below expectations of 150,000 jobs and markets puked.  It was a particularly difficult blow given a US recovery was a beacon of hope in an otherwise dreadful economic landscape.

Kind of wait and see now to see what governments will do to help.  Ugggh!!!  Keep your seat belts fastened, it's pretty turbulent out there!

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