Relevant:
- MGIC Swings to Loss as Claims Costs Increase
- Companies' Borrowing Spree Darkens Stock Market Future
- Dow drops more than 650 points, logs worst week in two years
- Amazon shares plunge as record profit still misses estimates (GOOD NEWS IS NOW BAD)
- Current Economic Data Does Not Justify Higher Mortgage Rates
2013-06-01 — reuters.com
``The market has managed to climb this year without any substantial pullback. Concerns about the Fed's next move have increased speculation that a major bout of selling is ahead.
A stronger-than-expected jobs number "would continue to produce the concerns you've seen manifested in the market over the last couple of days," said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia, which manages about $58 billion in assets.''
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