Monday, July 11, 2011

July 14, 2011

Back to the US. Thursday’s Jobless Claims and Retail Sales results pack major mkt-moving horsepower.

Due to the miserable Payroll result last Friday, a weaker than expected result for either of these, or especially for both and the mkt crowd will embrace a double dip.

We cannot assign a risk to either, so we’ll have to wait and see.
 
Robert Craven

No comments:

Post a Comment