The Week: More Volatility, Fewer Jobs
Published: Saturday, 6 Dec 2008 | 9:55 AM ET
By: CNBC.com
The week ended with a stunningly bad November jobs report, indicating that the economy is getting much worse much faster than expected, and suggesting that the recession will be especially deep and prolonged.
It was a grim end to a volatile week, beginning with a huge loss on Monday, but CNBC guests continued to encourage investors to buy stocks, saying now is the time to position oneself for the recovery and take advantage of valuations.
Courtney Reagan has the details in this week's edition of "The Week and You:"
CNBC's Courtney Reagan looks at the week's top business stories and investment advice.
The week ended with a stunningly bad November jobs report, indicating that the economy is getting much worse much faster than expected, and suggesting that the recession will be especially deep and prolonged. It was a grim end to a volatile week, beginning with a huge loss on Monday, but CNBC guests continued to encourage investors to buy stocks, saying now is the time to position oneself for the recovery and take advantage of valuations.