Friday, December 5, 2008

Rate Watch 12-5-08

Alert To Lock!
Stocks fall after the weak jobs data - the Dow down 200 points. Oil continues to drop like a rock, now under $42. Non-farm payrolls fall by a whopping 533,000. It's only the fourth time in the past 58 years that payrolls have fallen by more than 500,000 in a month.