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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: yard_man who wrote (7158)2/6/2004 4:32:22 PM
From: mishedlo  Read Replies (1) of 110194
 
Unemployment Rate Falls to 5.6 Percent in January as Companies Boost Payrolls

Civilian unemployment dropped to 5.6 percent in January to the lowest level in more than two years as companies added 112,000 new jobs, fewer than expected but still providing fresh signs the prolonged hiring slump may be ending.

Employers added new jobs last month at a pace not seen in three years. The last time payrolls expanded more than 112,000 was in December 2000, when companies added 124,000 positions.
ap.tbo.com
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This is stunningly hilarious
Sure am glad I was long eurodollars, euribors, gold, and silver rather than being short stocks.

Eurodollars, treasuries (of which I did not have), gold and silver all laughed at the ridiculousness of that claim. What a joke.

Mish
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