8.1% UNEMPLOYMENT RATE

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 –

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About Post Author

Cullen Roche

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.

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