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Job market – the empty half of the glass – risk aversion takes over
American unemployment rate is now at double digits – 10.2%. Obama’s warning of a rate above 10% comes true. This worse-than-expected release, together with Non-Farm Payrolls triggers fear of a slow recovery for a very extended period – “Safe haven” dollar and yen make gains in a choppy market. Full Story
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Submitted Nov 6, 2009 8:55am
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