RCE subs added two new positions yesterday …
In other news …
8-Legged Freaks Terrorize Australian Town
Australia is known around the world for its large and deadly creepy crawlies, but even locals have been shocked by the size of the giant venomous spiders that have invaded an Outback town in Queensland.
China fears disastrous steel oversupply
Reuters reported that China’s steelmakers are facing low demand and potentially disastrous oversupply, supporting their insistence on a 40 percent cut in benchmark iron ore prices.
Consumer credit falls a record $11.1B
U.S. consumer borrowing fell more than expected in March, plunging a record $11.1 billion, a Federal Reserve report showed Thursday.
XX Sean’s note — actually, that’s more than three times analysts’ estimates. The fall in revolving credit (charge cards) was big ($5.4 billion) but not as big as the $9.7 billion drop in February.
April payrolls fally by 539,000
Job losses were lower than market forecasts, but experts expect the unemployment rate to hit 10 percent in the coming months
I had more but Wordpress ate it. Have a great weekend. Here’s some music to send you on your way …
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