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Market Summary
Rich Gordon, Wells Fargo Securities highly regarded fixed income market strategist discusses the disappointing payrolls report from Friday, as well as, troubling signs coming out of Europe, In the U.S. there have been declines in hourly earnings and a continued high rate in structural unemployment, while in Europe, Spain’s 10 year spread over German Bunds has widened by 90 basis points since mid-March.
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Market Summary
Rich Gordon, Wells Fargo Securities highly regarded fixed income market strategist discusses the disappointing payrolls report from Friday, as well as, troubling signs coming out of Europe, In the U.S. there have been declines in hourly earnings and a continued high rate in structural unemployment, while in Europe, Spain’s 10 year spread over German Bunds has widened by 90 basis points since mid-March.
Date: 4/11/12
Views: 38
Video by:  Wall Street Media
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