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Archive of entries posted on 8th July 2011

Lousy jobs report. Stocks will be on sale today.

This morning’s jobs report sucked. MarketWatch writes: WASHINGTON — The U.S. economy added jobs at a slower pace in June than in May, suggesting that the sudden slowdown in the economy might be longer-lasting and more severe than feared. Nonfarm payrolls rose by only 18,000 in June, well below the 125,000 gain expected by economists […]