And, as the latest non-farm payroll data shows, the American economy is already flirting with (if not already in) recession.
ECONOMIST: Why monoline insurers are so important
Well here we are again, working up lather as to what we will see from the August U.S. Non Farm payroll data.
FORBES: Magazine Article
The overall number is not an exact, scientific comparison because Brazil includes farm payroll while the US data does not.
FORBES: Brazil Created More Jobs Than US in 2011
Although the sell-off followed some disappointing economic data, equity markets quickly rebounded once decent American non-farm payroll numbers had given investors some reassurance.
ECONOMIST: Buttonwood
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