And they get paid for this?!?!
Economists forcast that the jobs report this morning would come out with 175,000 jobs lost. The real number was 263,000. That's 88,000 more jobs lost than they predicted. THAT'S MORE THAN 50% MORE JOBS LOST THAN THESE 'EXPERTS' PREDICTED!!! I'm not sure of too many industries where one can be off by more than 50% and still keep their job.
On a related note, it's nice to see that the market is waking up to reality. I hope that all those who endured and stayed invested through the crash last fall have protection (stop-losses, cash, etc.) this time. Hopefully we have all learned a thing or two over the last 10 years!