In today’s Market Situation Report, WCI’s Chief Investment Strategist Matthew ‘Whiz’ Buckley discusses today’s G-20 summit which is starting off on a ‘chilly foot’. Putin calls Kerry a liar over Kerry’s testimony this week before Congress. “This is spinning out of control pretty quickly, folks,” says Mr. Buckley. “It’s breaking my heart to see this happen, but… told you so.”
Whiz also discusses the unemployment numbers, non-farm payroll numbers and forecast, and revised labor costs.