Very disappointing report on the U.S. labor market may likely to dip the share market this week.
Right on time about the end of year's first half (as expected) bad
unemployment news turned up to rack an already panicked stock market
which had been floating on fumes, hopes, & Fed propaganda. New jobs
in May grew by 69,000, lowest in year and far short of the 158,000
economists expected.
Bad unemployment data in the face of an upcoming election will send the
Fed skittering to the money pumps to keep the ship from sinking.