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  • More on the jobs number  [View news story]
    If going by participation rate numbers, the job gains were in the +55 and the 20-24 yr old group. 25-54 saw a decline/stagnation.
    Jul 3, 2014. 10:51 AM | Likes Like |Link to Comment
  • Jobs gain of 288K; UE rate down to 6.1%  [View news story]
    Indeed. The real problem they may face is rates. Market is forcing upward, no matter how hard they try to sit on them. If they restrain too long, then they will be forced to chase the rates upward and inflation could run out of control. They may have waited too long already.
    Jul 3, 2014. 08:53 AM | 3 Likes Like |Link to Comment
  • Jobs gain of 288K; UE rate down to 6.1%  [View news story]
    Probably some of the best internals (M/M) positive change in years. Lets hope its not 'noise'.
    Jul 3, 2014. 08:40 AM | 3 Likes Like |Link to Comment
  • Services PMI Flash Index sees sharpest rise in June since October 2009  [View news story]
    Wooo careful.... price paid getting a bit hot. Don't want the inflation monster to get out of the bag. Otherwise a somewhat sexy report.
    Jun 25, 2014. 10:19 AM | Likes Like |Link to Comment
  • GDP contracted 2.9%  [View news story]
    You are correct, they are rising....though series wise still low.
    Of course the assumption is rising quits means there are better jobs (higher pay) to migrate to as opposed to the possibility that jobs are so poor that one is merely trying to find something that isn't quite as miserable as the last. Considering the wage stagnation (especially recently) it seems more just job hopping than finding higher pay.
    Jun 25, 2014. 09:57 AM | 1 Like Like |Link to Comment
  • GDP contracted 2.9%  [View news story]
    I think the concern of many..myself included, is the massive government and Fed intervention that is still taking place. Continued forced low interest rates coupled with continued debt creation isn't the sign of a healthy economy.

    Since the US is consumer based a more rapid rise in wages would seem a better indicator, instead wage are stagnant at best and lately in a bit of decline Y/Y. A recent pop in inflation (hopefully a fluke) wont help a consumer stuck with low wages.
    Cracks are beginning to show.

    US in top 10 OECD countries with families struggling to afford food.
    Jun 25, 2014. 09:45 AM | 2 Likes Like |Link to Comment
  • GDP contracted 2.9%  [View news story]
    Quits levels show what? Job quality? Age of participants? Wonder what is driving quits lower?

    Perhaps its retirees forgetting to retire?
    Jun 25, 2014. 09:31 AM | 2 Likes Like |Link to Comment
  • GDP contracted 2.9%  [View news story]
    Participation rate 25-54 vs weekly claims (interesting new dynamic):

    Housing starts:

    Corporate and Govt debt (as percentage of GDP):

    The economy is a farce. Its the product of forced low interest rates, hot money and debt expansion.

    70% of wage earners make less than $50k a year. 50% less than $28k.

    Now imagine a .5% increase in interest rates....
    Jun 25, 2014. 09:17 AM | 4 Likes Like |Link to Comment
  • Jobless Claims down 26K to 323K  [View news story]
    Decent report as long as we have now accepted +300,000 new claims is ok. Interesting historically if you are trend fan.

    Notice how the bottoms all look the same....looks like we have already hit this cycles bottom.
    Mar 6, 2014. 08:52 AM | 1 Like Like |Link to Comment
  • ADP Jobs Report at 139K  [View news story]
    quantity doesn't necessarily mean quality. The majority of jobs have been the low end. I wont even get into the participation rate issue.
    Mar 5, 2014. 08:37 AM | 3 Likes Like |Link to Comment
  • Obama details budget plan; debt payments seen tripling  [View news story]
    Debt for the fiscal year is already over $600B as debt ceiling fight actually dragged last FY into this one. So if they keep that snow ball rolling it could be interesting.
    Mar 5, 2014. 07:38 AM | Likes Like |Link to Comment
  • GDP at 2.4%  [View news story]
    Yep looks awesome...rally on...
    Feb 28, 2014. 09:35 AM | 4 Likes Like |Link to Comment
  • Budget deficit falls at sharpest pace since WW2  [View news story]
    Easy to do when the debt ceiling battle causes the treasury to have to jiggle the numbers into the next budget year. This fiscal year... Debt has already risen over $600B.
    Feb 28, 2014. 08:48 AM | Likes Like |Link to Comment
  • New Home Sales  [View news story]
    My point was fewer are making enough to afford a home. Homeownership rates are bearing this out. We are going to run into the Irish situation of too many homes and not enough people able to own them.
    Feb 27, 2014. 07:28 AM | Likes Like |Link to Comment
  • New Home Sales  [View news story]
    Meh...I don't think so. Prices out of whack with employment.
    Feb 26, 2014. 10:17 AM | 3 Likes Like |Link to Comment