Jason Rines (iThinkBig)

Parsing the Dismal October Employment Report

In a deflation, there is no "safe" sector. For example, a survey on Rx usage fell 22% in Q3. Some of the big pharma names I work with are now quantifying those numbers.

There were those here up to a year ago that discussed a large transitional phase for the U.S. workforce. How insightful those articles were.

Ultimately, a company or individual will trade comfort to take risks to to go where the money is, whether learning online skills or physically traveling to serve business.

Yes, healthcare is a better hedge then retail. But the dollar stores and Wal Mart will continue to perform. The investor has choices where to put money, much of driven by common sense at this point. What is a necessity and what isn't?

An individual may do better in healthcare doing private duty which gives more cash per hour but no health benefits.

Executives may need to jump on planes to a different region of the country or to far off lands like Chindia or Dubai to raise money.

An entrepenuar with a great business idea may need to live in a dingy one roomer or live with parents to get a small or home based business off the ground.

Pain creates necessity and necessity is the mother of all invention.

Stay Clear of Traditional Asset Classes

You got it Mike. Also, if Washington is serious about America, it would enact an emergency energy bill of 2008. Subsidize $200 B into alternatives (coal, solar, nuke and non-corn biodiesel) from Treasury. With We the People backing the investment, investing in America again to create a viable competing market for big oil worthwile for the global investor and great for the American and global consumer. We could be such a massive exporter of energy, healthcare, education, agriculture and metals but affordable energy is key to all these things. Coincidentally, such an investment opportunity as energy would sure fix balance sheets in the banking system in a hurry. It would also create millions of jobs in the service economy rather then millions of Americans learning to dig ditches or work for $9 an hour at a final assembly plant with no benefits somewhere in east bumcluck.