Here is my prediction, Friday will be the begining of he fifth month of the " new" , " recession ".
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Here is my prediction, Friday will be the begining of he fifth month of the " new" , " recession ".
The White House shuts down the Jobs Council.Even they have given up.
The Jobs Council suggested less regulation.....
I've admitted on several occasions that I think trying to pick values for commodities is a fool's game. You seem to have skipped over several of my equity calls, though, and most importantly, failed to put your own thoughts out there. It's easy to criticize; try putting your own neck on the line.
My enthusiasm is unbridled! I have a very warm and fuzzy feeling! Bless our savior and President. Out of respect, I would like to give up another freedom or two.
Unemployment claims , up.
The Bears are going to get slaughtered today it appears.
Employment revisions higher, PMI surging in the USA and China, people rolling out of treasuries and bonds.
Not right. Treasuries and bonds are rallying today along with stocks. Something is going to have to give in the next couple of weeks. The market has now rallied in the face of a bad jobs report and negative gdp. Not to mention, the market rallied through all the fiscal cliff drama.
More people starting to enter the work force again-
http://finance.fortune.cnn.com/2013/...+(Top+Stories)
Quote:
Why? First of all, there are more people entering the workforce than there were a year ago. About 1.6 million people entered the workforce. That's a good thing. More people are optimistic they will find work. But with more people looking, it's harder for the unemployment rate to fall further unless people actually get hired.
Oil, as an example, was $90 a barrel then and it is $95 now. That means that the Dow should be 14,800 to match oil's performance.
(meaningless, I know).
It is?
Yeah , but Zip , oil is traded on the world market , the reason it is no higher is because of the sluggish economies , I expect no improvement in the economies, but if they did improve , there would be much more demand for oil and it would be North of $110, easily . Metals resort to being where people try to preserve something when they understand the currencies may fail .The currencies are backed, only by blind faith.Faith is dwindling . Oil @ $90 or oil @100 may even be proof of failed economies at this stage of the game .All just my guesses.People do not need gasoline if they do not have to drive to work. That shit is not going to get better , my opinion.
Y'all are a hoot.
Here's a more realistic discussion going on if anyone cares to add to it. http://usawatchdog.com/may-2013-end-...ams/#more-9891
Yep John Williams is the only guy I trust listening to. He is similar to ron that he knows its impossible to give a date but he has a time period from looking at the data. He's not really trying to tell others he knows in fact either just that he has the real numbers and he thinks mathematically were going the wrong way. You can't really argue with that or say he's trying to scare you
It's funny too because at the moment a lot of illegals have and are leaving we hear about immigration reform too
From the Williams link:
50% (or higher) monthly inflation by the end of next year, eh?Quote:
Williams adamantly continues to predict hyperinflation to the U.S. dollar by the end of 2014. Join Greg Hunter as he goes One-on-One with John Williams of Shadowstats.com.