Big headline there. Total job losses were 651k – almost exactly in-line with expectations. It should be interesting to see how the market deals with this.
Update: The rate of acceleration has been staggering –
[singlepic id=71 w=320 h=240 float=]
Click for larger image
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.