Thursday's Unemployment Claims Will Reveal Current Economic Health [View article]
Very bad comment there. I hope your job is efficient ?
On May 06 11:02 AM Cetin Hakimoglu wrote:
> Regardless, the market will shrug it off. Unemployment tends to remain > high long after the recover begins. Unemployment will probably peak > at 10%, and probably settle around 6%, but this won,t be bearish > because loss of ineficent jobs not such a big deal.
After five straight losing days, one day up ain't a rally. If we come off those lows in pre-market to finnish above 7000 on the Dow, now we have a rally perhaps starting.
Yes ...but ...no. I value your points but gold will always have its market until replaced by a better physical asset. Gold has worked its way for thousands of years ans still has a fortified place in our economy. One day, I understand it may change, but not this decade.
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Latest | Highest ratedThursday's Unemployment Claims Will Reveal Current Economic Health [View article]
On May 06 11:02 AM Cetin Hakimoglu wrote:
> Regardless, the market will shrug it off. Unemployment tends to remain
> high long after the recover begins. Unemployment will probably peak
> at 10%, and probably settle around 6%, but this won,t be bearish
> because loss of ineficent jobs not such a big deal.
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Nice read as always.