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Goldman Expects Labor Data to Drive Markets
With the Fed in a holding pattern, markets have looked to economic data for their biggest moves in the last six months and that trend is likely to continue, Goldman Sachs economists said. “With the unemployment rate high, we expect the markets to continue to focus on employment data for indications of labor market improvement,” Goldman economists wrote in a research note.
Submitted by
AmericanConsumer
11/18/2009
HyperLink play it email it
AmericanConsumer
11/18/2009
AmericanConsumer is playing it
Short1.35%
Short3.5%
Long0.78%
Short8.06%
I am playing this headline with (SPY IWM XLF TENZ) because if market continues to focus on employment, its only going to get worse, rally faltering?
 
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