OTCPK:TLSMF - Post by User
Post by
fireintheholeon Jun 08, 2008 12:58pm
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Post# 15158890
This, may set the stage, for next week...
This, may set the stage, for next week...
The jump in the U.S. unemployment rate to 5.5 percent in May from 5.0 percent in April and Friday's spike in oil prices to a record dominated the weekend's headlines.
"That news is going to scare the daylights out of the average person," said Paul Mendelsohn, chief investment strategist at Windham
Financial Services in Charlotte, Vermont. "You're seeing some bad follow (through) ... that could put pressure on the market."
Full story here:
https://www.globeinvestor.com/servlet/story/ROC.20080608.2008-06-08T151840Z_01_N06465233_RTRIDST_0_BUSINESS-COLUMN-STOCKS-OUTLOOK-COL/GIStory/