Buttonwood Blog Stocks recovered some ground, then stumbled over unemployment…

Major U.S. stock indices faltered Friday after the Bureau of Labor Statistics (BLS) reported on a popular 'lagging' economic indicator - unemployment. (Remember, lagging indicators describe what has happened in the past.) The BLS reported:1, 2, 3 "The unemployment rate remained at 3.7 percent in October, and the number of unemployed persons was little changed...