Thursday, August 30, 2012

Unemployment Persists

Gross domestic product expanded at an annual rate of 1.7% in the second quarter, the Commerce Department said Wednesday, a snick higher than the 1.5% it originally reported a month ago but still too low to generate the sort of job growth necessary to keep bringing the unemployment rate lower.

Source:  Wall Street Journal

The information contained in this article does not constitute a recommendation, solicitation, or offer by D2 Capital Management, LLC or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service. D2, its clients, and its employees may or may not own any of the securities (or their derivatives) mentioned in this article.


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