Whitney Tilson of T2 Partners was on CNBC to discuss todays week job numbers. Job Numbers might have been lower than expected but he said ""We're not convinced the U.S. economy is going over a cliff and into a double-dip recession,"
He said "don’t take the numbers as a sign the US economy is going off a cliff or into a double dip recession, The economy currently has 132 million jobs – even the miss of 100,000 jobs is within a margin of error"
Although he concedes the US economy isn't great, he doesn't think it's terrible either. Tilson believe the US economy muddles along, growing slowly - but growing nonetheless.
Here is the video:
He said "don’t take the numbers as a sign the US economy is going off a cliff or into a double dip recession, The economy currently has 132 million jobs – even the miss of 100,000 jobs is within a margin of error"
Although he concedes the US economy isn't great, he doesn't think it's terrible either. Tilson believe the US economy muddles along, growing slowly - but growing nonetheless.
Here is the video:
