Leeb's Market Forecast is a video podcast published almost daily. We cover global investment opportunities, economic news, provide stock market analysis, commodities market coverage, and energy sector news. Dr. Stephen Leeb is frequently quoted in the financial media, including Investors Business Daily, USA Today, Business Week, The New York Times and The Wall Street Journal. In addition, Dr. Leeb is a recurring guest on CNN, Fox News and Bloomberg.
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Stocks started the day off on a weak now, but there was no real follow-though from Friday’s stock market selloff. That selling was triggered by disappointing employment situation report, continuing the trend of weaker than forecast economic data. Indeed, the jobless data was bolstered by people giving up the search for work and therefore no longer being counted in the work force. But consider the official unemployment rate of 8.1 percent. If the workforce participation rate was the same now as...