The one hopeful sign today is that expectations for payrolls are so dire that a 250,000 job loss will likely seem like a victory. The knee-jerk reaction will likely be for a fall in equities and a rise in risk aversion (lower EUR/JPY), but as the session wears on, we may see some recovery. That’s my story and I’m sticking with it.
The developers are doing some updates and the site seems to work better in Internet Explorer today for you Firefox fans.
