When folks start talking about a “breakout,” that’s usually when the market collapses.
Why is this guy pimping NY Times propaganda stories? There is no economy. No businesses are hiring. I talked to a guy and he said semiconductor business is good because of phones and portable devices but that is it.
The Liberals at the NY Times trying to boost optimism.
Nothing Obama has done will be good for the market. Nothing will be good for employment.
Everyone knows that the government lies about the real unemployment statistics, by not counting anyone who is unemployed for more than six months as unemployed, and by counting temporary census jobs two or three times - an Obama innovation.
I stop counting somebody as unemployed when they find a job.
The real measure that we should look at is labor force participation, which has not been tampered with too much, although they still count these worthless government and census jobs... which paper over a bit of the reality.
Labor Force Participation - the real employment/unemployment statistic is at its second lowest level in history. Both times happened under Obama.
“When folks start talking about a breakout, thats usually when the market collapses.”
You are exactly right, however they need your money in there before the crash so they don’t lose their’s...
Markets will likely go up this week. But the drop will likely start in earnest Friday when the quarterly GDP number comes. It is expected to come in lower than last quarter.