Friday, June 3, 2011

Bad news after bad: Unemployment and Yemen on the brink

Forget about the death of assisted suicide Dr. Jack Kevorkian, that's the least of today's news!

Employment report: Horrendous numbers after a week of horrendous economic numbers with the release of the May jobs numbers.

Non-farm payrolls far below estimates at +54,000 and the unemployment rate above expectations at 9.1%.

Yemen presidential palace shelled: The presidential palace is being shelled this morning and President Saleh reportedly wounded. If this country bordering Saudi Arabia falls to Islamists the risks to the region and our oil supplies will escalate big-time!

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