Fact: manufacturing has lost jobs two months in a row, and which as the BLS reported today saw hourly compensation collapse by 6.9% in Q1 - the most ever. As for the Taper... look at the chart below.
Fact: manufacturing has lost jobs two months in a row, and which as the BLS reported today saw hourly compensation collapse by 6.9% in Q1 - the most ever. As for the Taper... look at the chart below.
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10937
[3] http://www.zerohedge.com/taxonomy_vtn/term/265
[4] http://www.zerohedge.com/news/2013-05-14/david-tepper-blesses-market-and-awaits-manufacturing-renaissance
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/06/20130605_tepper.jpg