Thanks for all the comments and calls asking if we're ok following the analysis of the nonfarm payrolls report. Well, the answer is we're not upset--we're just plain angry. But, we did a little digging and put our thoughts down on paper.
For detailed analysis on the jobs report, take a look at the file:
Jobs, Jobs, Jobs! The Employment Report Paints a Dire Picture for the U.S.
We see the markets are sputtering off of the news, but look for every nightly news cast to open with the 9.7% headline. This will cause more anxiety in an already manic America.
Talk to you,
Todd M. Schoenberger, Managing Director
LandColt Trading, Inc.