Another jobs loss may sink stocks again (AP)

A man walks by a Tokyo brokerage's stock board indicating Japan's stock market rose to its highest level in two weeks Friday, March 28, 2008. The benchmark Nikkei 225 stock index rose 1.71 percent at 12,820.47, its highest level since March 12, as last-minute buying before the end of the fiscal year lifted a wide range of blue chips, including electronics and financial shares. (AP Photo/Koji Sasahara)AP - Stocks may already be pricing in a recession, but they haven’t priced in a very deep one. If this week’s data on the job market and manufacturing are worse than Wall Street is anticipating, investors should not be surprised to see another tumble.

Leave a Reply





OnlineREL.com Online Real Estate Listing

World Estate Site

World Estate Finder

Easy Free Ads