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This and that about the market, the TSP, maybe some politics, and life.
US created only 98,000 jobs in March, vs 180,000 expected
- Nonfarm payrolls up 98,000, unemployment rate at 4.5 percent
- Winter weather, retail slide cited for weakness
- "Real" unemployment rate at 8.9 percent, lowest in more than nine years
More: US created 98,000 jobs in March, vs 180,000 expected
The market action yesterday may be looked at from a couple of vantage points, and depending on which angle you take, the action may have seemed bullish, or bearish. The Dow ended the day up 15-points, but it was up over 90 earlier in the afternoon so the bulls gave way and couldn't hold onto those gains. But the bears had many reasons to push things lower yesterday, and they didn't do a good job either.