The on going thoughts & musings (sometimes random, sometimes not) of Lumen Capital Management,LLC.
Non-Farm Payrolls came in at a truly horrid loss of 533,000 jobs this past month. Unemployment stands @ 6.7%. Economy has lost over 2 million jobs so far this year.
Separately market is down about 15% since Time ran this cover back in mid-October.
Market selling off near open on this news.
posted by CR English at 8:20 AM
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