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Yamana Gold, Inc. Message Board

  • rollers3761 rollers3761 Aug 7, 2009 8:41 AM Flag

    Bouyah!

    Goldman Sachs predicted a loss of 250K; gee, how could it have been so close?

    08:30 am : S&P futures vs fair value: +7.90. Nasdaq futures vs fair value: +15.50. Stock futures have ripped higher in the wake of the July Nonfarm Payrolls Report, which indicated that 247,000 jobs were lost lost month. Economists, on average, had expected 325,000 job losses. Meanwhile, job losses for June were downwardly revised to 443,000 from 467,000. With that, the unemployment rate now stands at 9.4%. It was expected to come in at 9.6% after hitting 9.5% in June. Average weekly hours worked stopped its downward trend by rising to 33.1 hours from 30 average weekly hours in June. As for earnings, average hourly earnings increased 0.2% month-over-month. They were expected to make a 0.1% monthly increase.

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