Weekly Wrap: Jobs and commodities
A Wall Street sign in New York City's financial district.
Tess Vigeland speaks with Leigh Gallagher from Fortune Magazine and Cardiff Garcia from the Financial Times' Alphaville blog.
On the market's reaction to Osama bin Laden's death:
Gallagher: The market's funny with geopolitical turmoil. It looks like it very rarely impacts the markets. And I think this news, however big and enormous it was, it's just not as big an event for the market.
On today's jobs report:
Garcia: More than anything, I thought it was a confusing report. At least it does confirm that the private sector job gains we saw in the last couple months weren't a complete fluke. But the bottom line is still the same: the labor market is sort of steadily improving, but given the precipice from which it's trying to climb out of, it's still completely inadequate.
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