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How about bringing back US jobs?
The market is more visible, but the jobs are more important.
Bring back US jobs to America.
Cue “Happy days, are here again!”
That says more about the rest of the world than about our own sorry a*s economy.
Markets are nothing but a pool of liquidity. If the Federal Reserve Board and Treasury create money at a faster clip than it is being called upon by Government, Industry and Consumers, Stock and bond prices move higher. This is the primary reason stock prices move 4 to 6 months ahead of the economy.
Pour me another one, but I am afraid the future holds a heavy hangover.
The jobs numbers are fake, completely relying on ‘adjustments’ to make them positive.
The stock market relies - absolutely relies - on index futures buying by Fed agents to keep it moving from plummeting.
This is all MOPE (Management Of Perception Economics).
I’m guessing the article is sarcasm in light of this:
http://freerepublic.com/focus/f-news/3016591/posts
Then again, maybe this is one of those “in a world of blind men, the one eyed man is king” things.
Just because the the US economy is falling a bit slower than the rest of the world doesn’t mean it’s flying.
You can't argue with irrational. First, it wasn't a "strong" jobs report, but it doesn't really matter.
Good reports = good economy = BUY!
Bad reports = more QE = BUY!
“Friday’s strong jobs report”?
Until hiring hits >350,000, we’re in a holding pattern. The percent of adults working remains at historic lows. Just because everyone’s given up and is on the dole in one form or fashion doesn’t mean jobs are back.
Good grief.
Wall Street is not the economy.
It is being floated to the tune of $85 billion a month from the FED. Why shouldn’t they be doing well.
That doesn’t mean that the economy is healthy. In fact, it shows that we are more bankrupt than ever.
Weird how so many people are oblivious to the fact that most hiring is done by corporations, and that the more stocks corps sell the more people they hire. Sure, ideology may make it hard to accept, but sometimes things simply are what they are:
Sounds just like 2000 on CNBC. “It’s a new paradigm” was chanted incessantly as technology had done away with the business cycle (or something like that). Shortly thereafter the Nasdaq imploded and the S&P took a 50% haircut.
Just took a road trip and noticed much construction of large new houses. Also roads that weren’t that bad in my opinion. My city put up a putrid welcome monument on the highway.
There is a lot of activity. I am one, buying things now before inflation goes up or before the govt destroys my wealth.
Reflected on he Wealth of Nations by Adam Smith. His concepts was that when you invested your money it generated more wealth. One example of his time was tiling a wet field so that it would now be productive.
I truthfully say we are NOT generating more wealth, we are just consuming past and future wealth. But there is a lot of activity.
The Cedar Mesa rises 1200 feet above Utah flats below. Those flats stretch into Arizona and the horizon. There some ups and even protruding peaks but mostly it is just flat. The road down is treacherous, the Mokee Dugway. It is a truly exciting ride.
The flats are static and boring but to those in Europe and elsewhere the desert is safety. Compared to certain continuous unending down hill, the seemingly endless flats are the place to be
Whatever those guys are smokin', I want some !
Well, I’m no economist, but I’m pretty sure there is more to the U.S. economy than just the daily rates of the stock markets.
The economy looks great as long as you don’t pay attention to the Fed and QE, and how many people have dropped out of the labor force, as well as those on food stamps, welfare, and disability.
It’s a food stamp recovery! Yay!
Well it’s obvious, we must elect Hillary in 2016 to keep the gravy train rolling.