Saturday, October 31, 2009
Friday, October 30, 2009
Wednesday, October 28, 2009
Tuesday, October 27, 2009
Saturday, October 24, 2009
Friday, October 23, 2009
Thursday, October 22, 2009
Wednesday, October 21, 2009
Tuesday, October 20, 2009
Saturday, October 17, 2009
Friday, October 16, 2009
Tuesday, October 13, 2009
Monday, October 12, 2009
No Country for Old Jobs: 10 Charts Showing the Fragile Recovery. Home Sales, Buying versus Renting, Unemployment, and Real Economy Data. » Dr. Housing Bubble Blog
Sunday, October 11, 2009
Saturday, October 10, 2009
COT - Weekly Summary
S&P - Current- Long; Nov 2 - Bearish
Oil - Current - Flat; Oct 19 - Bearish
Gold - Current - Flat
Natural Gas - Current - Flat; Oct 19 - Bearish
Oil - Current - Flat; Oct 19 - Bearish
Gold - Current - Flat
Natural Gas - Current - Flat; Oct 19 - Bearish
Friday, October 9, 2009
Wednesday, October 7, 2009
Tuesday, October 6, 2009
Sunday, October 4, 2009
Are we heading the right way?
From Robert McHugh
https://www.technicalindicatorindex.com/Default.asp
The Labor Department reported Friday that Unemployment for September rose to 9.8 percent. One out of ten Americans who are seeking work, are out of work. If laid off full time workers settling for part-time work are included, the unemployment rate in the U.S. is now up to 17 percent. If we include discouraged workers who are no longer seeking employment (they are not included in the Labor Department's unemployment figures), then the unemployment figures rise to 10.1 percent and 17.3 percent.
The problem is getting worse, and evolving into a crisis of Family Household income. Consumers account for 70 percent of all spending, of GDP. The Labor Department reported Friday that 263,000 more people lost jobs in September, non-farm payroll job losses, but actually the number was even worse than reported because the Labor Department reduced the actual number of job losses by "let's pretend" jobs that they imagined in their deepest melatonin dreams were created, they think, by start-up businesses to the tune of 34,000. The actual number of non-farm jobs losses were 297,000 if you ignore this fantasy and get real. The U.S. needs to add 150,000 new jobs each month to simply accommodate population growth. So the short-fall from break-even in September was actually closer to half a million jobs. Even government jobs fell 53,000 in September.
At this moment, 36 million Americans are on Food Stamps. One out of every six jobs in the U.S. feeds off the Health Care Industry. One sixth of our Gross Domestic Product is spent on sickness, either prevention, detection, treatment, or insurance. Is this a formula for prosperity in any nation?
https://www.technicalindicatorindex.com/Default.asp
The Labor Department reported Friday that Unemployment for September rose to 9.8 percent. One out of ten Americans who are seeking work, are out of work. If laid off full time workers settling for part-time work are included, the unemployment rate in the U.S. is now up to 17 percent. If we include discouraged workers who are no longer seeking employment (they are not included in the Labor Department's unemployment figures), then the unemployment figures rise to 10.1 percent and 17.3 percent.
The problem is getting worse, and evolving into a crisis of Family Household income. Consumers account for 70 percent of all spending, of GDP. The Labor Department reported Friday that 263,000 more people lost jobs in September, non-farm payroll job losses, but actually the number was even worse than reported because the Labor Department reduced the actual number of job losses by "let's pretend" jobs that they imagined in their deepest melatonin dreams were created, they think, by start-up businesses to the tune of 34,000. The actual number of non-farm jobs losses were 297,000 if you ignore this fantasy and get real. The U.S. needs to add 150,000 new jobs each month to simply accommodate population growth. So the short-fall from break-even in September was actually closer to half a million jobs. Even government jobs fell 53,000 in September.
At this moment, 36 million Americans are on Food Stamps. One out of every six jobs in the U.S. feeds off the Health Care Industry. One sixth of our Gross Domestic Product is spent on sickness, either prevention, detection, treatment, or insurance. Is this a formula for prosperity in any nation?
Friday, October 2, 2009
Thursday, October 1, 2009
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