UNEMPLOYMENT REPORT AGAIN TODAY KEEPING CLAIMS ELEVATED AND REVISED UPWARD PREVIOUS REPORT.
4 week moving average 531,000, this far into Recession, NO I MEAN RECESSION IS OVER....
We are a ship heading towards the Niagra Falls, no rudder, no captain...no chance.
1 in at least every 10 Americans OUT OF A JOB, many out of assistance.....but all these companies see "recovery, stabilization, upping estimates, beating estimates....." all this how?
From head and capex chopping? all this chopping of this and that and all is now well? ANY EARNINGS HELPED BY WEAK US $?
How strong is recovery if still losing jobs above worst it ever was after 911, and FED has to keep rates at ZERO...."for an extended period......
D
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1 comment:
No chance I love it. This will make dolla rally so big.
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