Yellen’s “Favorite” Labor Indicator Tumbles: Job Openings Drop Most Since 2009

by Tyler Durden
ZeroHedge.com
10/16/2015

Bottom line: despite being two months backward looking, today’s JOLTS report provide the latest batch of weak news coming from the US labor market, which likely explains the ongoing levitation in stocks which have officially given up on the “rate hike is good for stocks” narrative, and fallen back to what has worked for the past 7 years, namely terrible economic news being great news for risk assets.

The Rest…HERE

This entry was posted on Friday, October 16th, 2015 at 11:52 am and is filed under Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.