Archive for June 8th, 2009

C.M.O. 6.08.2009

Monday, June 8th, 2009

Credit Market Overview
June 8, 2009
The release Friday of the Bureau of Labor Statistic’s “Change in Nonfarm Payrolls” came in at about 2/3rds of the number that was expected because of the “birth-death factor”.  The adjustment was 220,000 jobs which begs the question, even on a Monday, if the adjustment is equal to 40% of what… »

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