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HomeMay 4, 2012: Unemployment Report Review
Posted by Larry Doyle on May 4th, 2012 9:20 AM |
When it comes to discussing the unemployment rate in our nation today, I am often reminded of a discussion we would facetiously have on the trading desk at First Boston back in the mid-1980s.
That discussion would revolve around our desk manager inquiring as to our weekly P and L (profit and loss). I can recall these humorous exchanges as if they were yesterday:
Manager: “So, LD, what’s your P and L this week? ”
LD: “Well, what do you need?” (more…)
