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Friday, September 02, 2011

EMPLOYMENT NUMBER HORRIBLE!


Markets are unraveling this morning to an absolutely terrible employment number which show 0 non farm payrolls. Stock futures are down 20 on the S&P and the 10 year is down 2.03%. I think we have a shot for a 1 handle close on the 10 year. It does not look good today. MLPS will follow down but probably continue their relative outperformance. Nothing on the news front for mlps today and no upgrades or downgrades.

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