Friday, August 7, 2009

Friday morning

US stocks are looking to open slightly positive this morning, as job losses in July were a bit less than expected. That said, the 40% rebound from March lows has priced this in.

Less jobs were shed in July than expected. -247,000.

Some early signs of improving business for private equity firms.

A little bit of Enron at General Electric.

Investor money is flowing back into hedge funds. Right after a 40% rally.

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