Cries of foul that the BLS manipulated last week’s non-farm payrolls have been clearly declared absurd as market participants continue to shed risk assets as the week commences. Despite the unemployment rate falling there was little to cheer in the report, which implied the US economy is still struggling. Percolating strife in the Middle East and the re-election of Hugo Chavez, were incapable of stemming the shedding of length
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