The Market fall last week due to Unemployment Numbers? Truth of the matter, this is normal during a recession. A look back in history shows recessions reflect the same data. As a matter of fact, if history repeats itself unemployment will continue to go down even as the market continues to rise.
Now you know this is not a surprise.
DivaHeadlines
· Bernard Madoff sentenced to 150 years in prison (no sentence would be severe enough a punishment).
· Global markets finished in positive territory for the second quarter.
Economic News
· Unemployment rate rose to 9.5%.
· Payrolls fell 467,000, more than expected.
· Pending home sales improved.
· While still indicative of economic contraction, the Manufacturing Index rose for the sixth consecutive month.
"An Informed Investor is a better Investor."
· Bernard Madoff sentenced to 150 years in prison (no sentence would be severe enough a punishment).
· Global markets finished in positive territory for the second quarter.
Economic News
· Unemployment rate rose to 9.5%.
· Payrolls fell 467,000, more than expected.
· Pending home sales improved.
· While still indicative of economic contraction, the Manufacturing Index rose for the sixth consecutive month.
"An Informed Investor is a better Investor."
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