01
Jul
Market Sentiment Watch: Payrolls showed a 125,000 job decline in June, pretty much in line with expectations. Unemployment eased to 9.5% which is better than expected but partially a function of workers falling out of the ranks of those who still get counted. Private payrolls increased 83,000 which was well short of the 125,000 pickup [...]
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01
Jul
Market Sentiment Watch: Yuck. Ugly. Just no traction in front of Friday's payrolls number. Equities may get a small boost at some point early today from the fact that we are at the year's lows and the second quarter is now dead and buried. But I don't think anyone is willing to take on risk, [...]
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Posted in Uncategorized | 106 Comments »