Embarrassing jobs report sends markets plunging
Is this a joke? Not to the 9.1% of Americans who are unemployed . Today’s unemployment report showed that the economy added the fewest jobs in 8 months, adding concerns to the state of the U.S. recovery. More concerning than … Continue reading
ISM manufacturing data & ADP employment report sink markets
The markets got rocked today as two very important economic reports came in much weaker than expected. The Institute for Supply Management’s (ISM) gauge of manufacturing activity fell to 53.5 in May from 60.4 in the prior month, less than … Continue reading