Thursday, September 09, 2010

HIP HIP HOORAH AM DATA


"claims FELL unexpectedly (of course) BACK to ONLY (my emphasis) 450,000......."more EVIDENCE the economy is in SECOND GEAR....creating jobs......" and the light trade zombies bidding the market UP!
AM I living in BAZARRO WORLD where 450,000 unemployment claims passes as GOOD NEWS?
As you can see, time to cheer is when it passes below 400,000 and more like 350,000....don't we have 8 MILLION who lost jobs and need work? WTF????? these ninnies are cheering the fact claims "fell" back to 450,000 OMG!!
And all this some 16 months after market bottomed.....WHY hasn't NBER declared Recession over? WHY are REAL SALES only up a scant 1%?
More than meets the eye....what utter BS.....
D

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