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A loud treasury bull throws in the towel with David Rosenberg declaring Friday's jobs report a...

A loud treasury bull throws in the towel with David Rosenberg declaring Friday's jobs report a game-changer. The private sector gained 202K jobs last month, making that level the norm for the last 5 months. Against an average of 136K for the 2002-07 cycle and 210K for the 1992-2000 tech boom, it's a pretty fair number. "The case for the Fed's above-consensus forecasts to be met ... looks pretty strong to me." TLT flat today.
Comments (1)
  • The data provided (going back to 1992) also seems to prove that we have as a nation been f__ked since then if not before. If we had numbers that is below the ones needed to cover the added population, how did the rest found jobs (I suppose the public sector) and how did we have the prosperity and able to go on a spending orgy (I suppose the mighty capital extraction machine played a big role!).
    9 Jul 2013, 09:03 PM Reply Like
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