Sunday, August 30, 2009

Nikkei Opens Higher On Monday


We can't say it enough, jobs, jobs, jobs.

When the data on jobs lost in August comes up, the markets will take on a whole different tone.
Economists polled by Reuters forecast job losses of 225,000 for August, which would be a slight improvement from 247,000 lost in July. But they expect the unemployment rate to rise to 9.5 percent in August from last month's 9.4 percent. source
Reuters: Nikkei rises 0.7 pct after election, yen weighs

2 comments:

Glynn Kalara said...

No jobs will be created because the GOPERS own CORP. America and our reward for voting in Obama and the Dems. is a Depression. The GOPERS are now in fortress mode like in the 30's.

Jim Sande said...

Yeah and now they call Obama a communist while their companies pack up for China where they roll in the dough on dirt cheap labor and lax environmental standards.