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Strategies & Market Trends : Sharck Soup
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To: Sharck who wrote (15112)4/6/2001 8:36:14 AM
From: Sharck  Read Replies (1) of 37746
 
Hourly earnings +.4%.
Negative 86,000 (steep drop)
Manu Payrolls neg 81,000
UI 4.3%
So which number is the important one?
3 recessionary, one inflationary.
I think the market will focus on the first one, hourly job rate which suggest an element of inflation, stagflation now seems to be a big fear, futs will slide.
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