2010년 10월 11일 월요일

101011 cnbc - Jobs Report a 'Win-Win' Situation

http://www.cnbc.com/id/39610247

http://www.dailymail.co.uk/news/article-1319446/Britain-branded-jobless-capital-Europe.html

 

A Technical Look at the Markets

Jobs Report a 'Win-Win' Situation

 

This employment report was going to be a win-win regardless

Had they come in even weaker, you would have seen much more of a reaction towards a greater influence towards QE* from the Fed,” he explained. “Conversely, if we moved towards a much greater number, it would have given a better credence that the economy is improving.”

Cobb said unemployment numbers are going to continue at the current levels until “well into 2011,” because businesses have little incentive to hire.

 

QE: Quantitative Easing, i.e., Federal Reserve actions to pump more money into the financial system.

 

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