Oct
02
Job Losses Higher than Predicted. Surprised?
ByThis from Marketwatch. U.S. job losses were 263,000 in September, significantly over the estimate of 167,000. They are up from August, during which 201,000 jobs were lost.
Trillions have been spent to “save” the economy. Meanwhile, foreclosures and unemployment continue to mount. In the backdrop waits commercial real estate, whose collapse could very well be akin to the subprime crisis.
Finally, fund veteran Jim Rogers at CNBC is predicting severe inflation, and suggesting commodities as investments. Ah, the Obama recovery!
This post and the contents thereof are the views of only the author identified immediately above and do not necessarily represent the
views of the New York Young Republican Club, Inc. (the "NYYRC"), its officers or its members. The NYYRC expressly disclaims
responsibility for the contents thereof and by its charter documents may not, and does not, endorse any candidate for any office,
except in a general election.
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