A Double Dose of Reality
U.S. Review A Double Dose of Reality This week’s economic numbers may have finally brought an end to the green shoot rally. There is only so far “less bad” economic news can take us. A sustainable recovery will require things to actually get better. This week’s big disappointment was the weaker employment data. Nonfarm payrolls declined by a larger than expected 467,000 jobs and the unemployment rate rose 0.1 percentage point to 9.5 percent. The other bad economic news is the inability of
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