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Friday, June 3, 2011

Unemployment Number Raises Alert to Investors

As the unemployment number is reported today, the bleeding scene on my computer confirmed the stock market's sentiment regarding it.  Economic Woes Slam Stocks is a good recap.   If you read this article on CNBC by Patti Domm, you will see how concerns are elevated. Next Tuesday when the Fed Chairman speaks will be very interesting.

Calls coming in about how Obama has messed up the economy are happening in homes across America.  All I know is that the current economic conditions particularly from a financial perspective are of significant concern.  After Jobs Data, is Q3E a Go?  is a good article highlighting a shared sentiment amongst many. 

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