Dow Closes Above 17,000 as Stock Rally Outpaces Economy
- Thread starter 728ups
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MAKAVELI
Well-Known Member
More irrational delusions by the republicans on this board. You guys and gals are hilarious.
Babagounj
Strength through joy
Bad assumption on your part .More irrational delusions by the republicans on this board. You guys and gals are hilarious.
oldngray
nowhere special
One interesting nugget in the June jobs report was the rise in the number of people who worked part-time.
While it’s a number that flops around from month to month — the standard deviation is 287,000 — it jumped by 799,000, which was the largest one-month gain since January 1994. At the same time, there was a 523,000-person drop in full-time workers, the first decline since October.
http://blogs.marketwatch.com/capito...-jumps-in-june-by-nearly-800000/?link=instory
While it’s a number that flops around from month to month — the standard deviation is 287,000 — it jumped by 799,000, which was the largest one-month gain since January 1994. At the same time, there was a 523,000-person drop in full-time workers, the first decline since October.
http://blogs.marketwatch.com/capito...-jumps-in-june-by-nearly-800000/?link=instory
I don't think so. If there is another attack, and I don't doubt there will be, the US won't be rushing into a couple overseas wars. A lot of heat on foreign governments, a lot of drones, increased homeland defense, and very, very lenient courts on electrontic surveillance and data mining. In short, the markets will have a small precautionary blip and return to normal when it sees measured, less radical and far more effective response.
MAKAVELI
Well-Known Member
Taken from your link.
That said, over the past 12 months, 10,000 new part-time jobs have been created — versus 2.12 million full-time jobs.
And looking at the survey of establishments, it was high-paying sectors that were creating jobs in June. “These are not McDonald’s, Mickey Mouse kind of jobs,” Hoffman said. “This is a better-quality jobs story.”
Hoffman said he wouldn’t be surprised if the number of part-time workers comes back to more normal readings in July and August.
oldngray
nowhere special
Marketwatch is a liberal source but even they admitted it didn't look good. Predicting things might get better sounds a lot like the historic "Prosperity is just around the corner". The numbers might be better in July and August. They also might be worse.
MAKAVELI
Well-Known Member
Cherry picking your own links, are you?
what makes Marketwatch liberal?
oldngray
nowhere special
No, Just mentioning that I will use a variety of sources including those on the left. Instead of those who will only believe what a left source say. And accuse those who disagree of watching nothing but Fox.
oldngray
nowhere special
Read their articles.
Would be more interested in there historical accuracy than labeling one way or another. Any idea of their accuracy?
oldngray
nowhere special
As far as objective coverage of the stock market Marketwatch has little if any bias. Its when they stray into politics and do things like conducting surveys their bias becomes apparent.
realbrown1
Annoy a liberal today. Hit them with facts.
Why wouldn't he?
sounds like Larry Kudlow.
oldngray
nowhere special
I don't watch Kudlow but would still rank him above Cramer.
don't know. Don't watch Kramer. Hardly watch Kudlow.
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