The U.S. lost 533,000 jobs in November, pushing the jobless rate to 6.7%, its highest level in 15 years. MarketWatch’s Stacey Delo speaks with PNC Financial’s chief economist Stuart Hoffman (Stu!) about the latest employment numbers. (Dec. 5)
12/5/2008
Every day I get up and look through the Forbes list of the richest people in America. If I'm not there, I go to work. ~Robert Orben
According to the CFTC weekly data for the week ended Tuesday, net shorts in the euro fell by 38% from last week's record high and are now at a 6 week low. Net shorts in the pound moved up a touch to just shy of its record high. Net longs in the Australian$ rose to the most since May '08 and net longs in the Canadian$ rose to the highest since Nov '07. Gold new longs fell to a 4 week low. Net longs in crude rose 14% and are just 12k contracts from a record high dating back to...
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December 6th, 2008 at 12:24 pm
WOW! Cheery bubble blond anchor interviews practitioner of the dismal science. The freeze frame is not kind. And the segment producer had to edit it twice, presumably to prevent any would be viewer from grabbing a letter opener and doing self harm. Hopefully they have Stu on again when times are good as a make-up. Time to go lose oneself in some football……