Seeking Alpha

gggl

gggl
Send Message
View as an RSS Feed
View gggl's Comments BY TICKER:
Latest  |  Highest rated
  • Wall Street Breakfast: All Eyes On Jobs [View article]
    I assume this is some median number inflation adjusted because clearly the average hourly earnings says something entirely different. Growth there is over 2% which means its higher than inflation, so people have more money to spend not less. Though these numbers are averages which could mean that the median has not grown and indeed may have seen a small decline, that wouldn't mesh with a shift from part time to full time employment we are seeing though.
    Sep 4, 2015. 08:51 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: All Eyes On Jobs [View article]
    GGG. I agree that the seasoned numbers are a joke but they also report unseasoned numbers and you can see how the Y-Y trend is matching the headline numbers. Clearly the US economy is growing jobs rapidly at this stage. With only 1M additional entrants into the jobs market over the last year we are seeing over 2.5M jobs created. That means net 1.5M jobs growth over population growth which is around 1% of the labor force. For a steady growing economy that is a very good result. Even U6 is coming down rapidly and soon will be under 10%.

    Finally, when you look at the full-time and part-time numbers you see that we had a huge shift to full-time employment over the last year, losing nearly 800k part-time jobs that shifted to full-time. That shows robust jobs growth and not just at Micky D's.
    Sep 4, 2015. 08:50 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: All Eyes On Jobs [View article]
    or pay rent.
    Sep 4, 2015. 08:06 AM | 10 Likes Like |Link to Comment
  • Wall Street Breakfast: All Eyes On Jobs [View article]
    Rents have not stayed flat. They have gone up almost 5% a year for the last 6 years.
    Sep 4, 2015. 08:05 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: All Eyes On Jobs [View article]
    That's not what the payday loans think or do.
    Sep 4, 2015. 08:04 AM | 17 Likes Like |Link to Comment
  • Wall Street Breakfast: Markets Rally Ahead Of ECB Policy Meeting [View article]
    and the answer is zero days, no evidence of a crime or of skirting the rules.
    Sep 3, 2015. 03:33 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Markets Rally Ahead Of ECB Policy Meeting [View article]
    Bob, I distinctly remember a speach in Cairo. Afterall, when he took over Iraq was quite a peaceful place.
    Sep 3, 2015. 03:32 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Markets Rally Ahead Of ECB Policy Meeting [View article]
    $ don't lie.
    Sep 3, 2015. 12:42 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Markets Rally Ahead Of ECB Policy Meeting [View article]
    It would be funny for Trump or Carson to run on that campaign promise:

    "A free one way ticket to Cuba for anyone who voted for Obama! Please turn in your passport and citizenship as you leave."
    Sep 3, 2015. 12:27 PM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Markets Rally Ahead Of ECB Policy Meeting [View article]
    Likely the big boys are liquidating where they have profits and reducing exposure where you have the most over valued assets. Biotech sounds like a great place to do that right now.
    Sep 3, 2015. 10:25 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Markets Rally Ahead Of ECB Policy Meeting [View article]
    I guess you missed todays trade deficit numbers that showed an increase in exports (despite the strong dollar) and a decrease in imports (thanks to the strong dollar).
    Sep 3, 2015. 10:25 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Markets Rally Ahead Of ECB Policy Meeting [View article]
    XG the crisis was caused by a miss pricing of risk. Main street got to many cheap loans and loaded up and then when gasoline prices spiked couldn't afford to pay the bill bringing the whole scheme crashing down because the financial industry has not properly priced in the risk.

    That is the problem with LOW interest rates, they do not reward risk or price it in.
    Sep 3, 2015. 10:23 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Markets Rally Ahead Of ECB Policy Meeting [View article]
    Bob, our plan is deportation. The only mistake Trump is making is starting with the illegal immigrants when we should be starting the the liberals and giving them a one way ticket to their Cuban paradise.
    Sep 3, 2015. 10:22 AM | 8 Likes Like |Link to Comment
  • Wall Street Breakfast: Markets Rally Ahead Of ECB Policy Meeting [View article]
    TB, it is not a non event, it will be the starting shot to the greatest recovery in US history!
    Sep 3, 2015. 10:20 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Markets Rally Ahead Of ECB Policy Meeting [View article]
    huthut put your gasoline bill will have been dramatically lower over the same time period, which is likely the reason you spent more on groceries and eating out.
    Sep 3, 2015. 10:20 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
7,011 Comments
20,590 Likes