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Chuck DeVore: Is The Dow Stall Foretelling A Jobs Reversal?


This September, the Dow Jones Industrial Average suffered its first year-over-year monthly loss, 4.4 percent, since September 2009 when the index was off 13.3 percent from 12 months earlier. In other news, the U.S. Bureau of Labor Statistics (BLS) reported today that seasonally adjusted nonfarm employment increased by 142,000 in September, far lower than analysts expected. Further, the BLS made downward revisions to the previous two months totaling 59,000 fewer

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Posted: October 2, 2015 Friday 06:15 PM