Turbulent Times |
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The NFP came out much worse than expected on Friday, (Oct 3rd : Actual -159 K vs Forecast -85 K) while U.S. unemployment rate reminded at 6.1 % the worst last 5 years. Ahead of the vote for the Bailout plan, the market reactions seemed limited. Well, the U.S. Job data might have been “not so bad” as some analysts expected. we have been seeing these turbulent times that we have never experienced before. Fannie Mae,Lehman Brothers, AIG, Merrill Lynch, Washington Mutual. These big names have
Filed under: Fundamental
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