Unfortunately for Americans and potentially for the global economy, dysfunctional Washington has managed to steal center stage once again.
The upcoming employment report for May is expected to look very much like the one for April.
On Friday, good news came in the form of the nonfarm payrolls report, which showed a growth in private jobs of 243,000 and a decrease in the unemployment rate to 8.3 percent. Investors rejoiced, and the Standard & Poor’s 500 index finished Friday up 1.46 percent from the previous day’s close. Last week’s release from