Canada’s jobs report just came out. Consensus was -25,000. The actual number was almost 3 times that. -70,600. That is their biggest job losses since June 1982.
-533,000….Ouch!!! That is twice as much as Oct. Employment rate is 6.7%. I don’t know how anyone can find anything positive in this data. December will be worse then this. Dow 6000 is just around the corner and it may happen in a day or two crash.
Stay Short!!!
Brokerage Partners
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