Saturday, February 4, 2012

Weekly Bull/Bear Recap: Jan. 30 - Feb. 3, 2012

Submitted by Rational Capitalist Speculator

Bull
+ The U.S. economy is now in a sustainable expansion:

The January U.S. non-farm payrolls report shines, while prior months are revised higher by 60K. A gain of 243K marks the strongest pace of job creation since April. Furthermore the unemployment rate falls to 8.2% from 8.5%. Job creation was widespread. The key cog for a sustainable recovery is now in place.
Improvement in the Chicago Fed Midwest Manufacturing

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