Oil Slips Towards $41 Before U.S. Unemployment Data
Jan 9th, 2009 | By Contrarian Profits | Category: Financial NewsU.S. jobs data likely to reinforce economic gloom… Saudi Arabia to deepen output cuts in February
U.S. jobs data likely to reinforce economic gloom… Saudi Arabia to deepen output cuts in February
Rick Pendergraft says we won’t see an economic recovery before one of the housing, auto or labour markets stabilize. Friday’s nasty unemployment data and earnings reports from GM (NYSE:GM), Ford (NYSE:F ) suggest that our hopes are resting on real estate.