QuantumTom the (nearly) daily mutterings of a so-cal [consumer of food & media] + [gearhead] + techie

6Feb/100

Global market turmoil hints that U.S. recovery may founder | McClatchy

Awww, man.

Conflicting U.S. jobs data and mounting concerns about debt defaults abroad that threaten global economic growth triggered a worldwide wave of stock-market volatility Friday amid fears that the improving U.S. economy could unravel.

A mixed jobs report from the Labor Department, including a revision that showed that 2009 job losses were far greater than thought, called into question the strength of the U.S. recovery.

via Global market turmoil hints that U.S. recovery may founder | McClatchy.

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