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To: mykroar

“and the unemployment rate goes down instead of remaining steady. “

That is why the Dow is up. Wall Street now sees the Fed not tapering bond purchases. They see low interest rates continuing and see that as supporting stock prices.

In other words; yes they see the fact that people are dropping out of the labor market; and see it as a very bad thing.


20 posted on 10/22/2013 7:42:19 AM PDT by HereInTheHeartland (Under the Democrats; the Lincoln Memorial is closed; but the southern border is open)
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To: HereInTheHeartland

Yes. Per this headline and similar——

Wall Street up on Fed-affirming jobs data


23 posted on 10/22/2013 11:21:46 AM PDT by John W (Viva Cristo Rey!)
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