Nonfarm Payrolls Plunged But Market Rallies: What Gives?
December 06, 2008 at 15:45 PM EST
The US unemployment rate soared to a 15 year high in the month of November as non-farm payrolls incur the steepest slide in 34 years. Although currencies and equities sold off aggressively following the release of the labor market numbers, they clawed their way back to end the US trading session in positive territory. In the [...]
