Market Update
Unemployment rate comes in this morning at 9.7%, the lowest point since August of last year. However with the good news, comes some negative news: Nonfarm Payrolls fell 20,000 while the market was expecting a 15,000 gain and December’s payrolls number was revised from 85,000 jobs lost to 150,000. This has led to choppy trading in both the bond and equity markets as investors digest those mixed numbers.
| Daryl Hadd Cell 602-361-4110 E-Fax 877-298-2203
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