All Posts Tagged With: "Unemployment"
When Bubbles Collide
I remember in the summer of 2006 I would face my blank computer screen on a Friday and wonder, what I could write about? The media was all Goldilocks, all the time. Today, there is such a target-rich environment.
US Job Losses up to 5.5%… Biggest Jump Since 1986
The US unemployment rate rose to 5.5% in May, the biggest jump since 1986.
The picture would be even bleaker were it not for controversial changes in statistical methodology at the US Department of Labor, says Dave Gonigam in The Daily Reckoning.
Slowly but surely, awareness is growing that government economic figures are being cooked.
Why Britain’s Going Back To The ’70s
I really should start hanging out with Jean-Claude Trichet, the president of the European Central Bank (ECB). We’ve got so much in common. Maybe I’ll ask him if he fancies a pint next Friday.
CNN Calls BS on BLS
This is getting interesting. The proposition that the government is fudging the major economic figures is starting to go mainstream.
Fed Cut or No Cut – Does it Matter Anymore?
Once again, the entire world tuned in for the Fed-sponsored dog and pony show this week. As usual, the Fed’s meeting managed to slow market activity before the FOMC decision, and then (drum roll please)…
Cursing the Loss of Purchasing Power
Thomas G. Donlan’s new essay in Barron’s is titled “Lands of Waste and Debt” with the subhead “The states send signals that it will not be a happy Spring”, which makes me ask the obvious question “It won’t be happy for who?”, as I am all in gold, silver and oil, and I am dead-bang sure that I will be VERY happy for a long, long time…
The Dollar Bounces - But Why?
Good day… When I signed off yesterday, several of the currencies were at or near record levels versus the U.S. dollar and the U.S. data that were going to be released didn’t look supportive.
The Pain of 1982, IEA Slashes Oil Demand Forecast, As GE Goes, So Goes the Market, and More!
Consumers feeling all the pain of 1982… Bernanke, Paulson prescribe “Doritos” cure…IEA slashes oil demand forecast… Why it still won’t mean a return to $80 oil…As GE goes, so goes the market… What Wall Street is overlooking…A bold gold forecast…and the reason to take it with a grain of salt…Are we in a commodities bubble? Let the debate begin!
Fed Minutes Highlight the Week
After two busy weeks for economic reports, we get a little breather this week. Well sort of. Earnings season officially kicks off this week with Alcoa reporting earnings later today.
When the Markets Turn Upside Down
After a week like the one we just had, “black seems white;” “up seems down,” “conservative seems liberal” and “bearish seems bullish.”
Latest News
- Base Metals Savaged1:58pm CDT
- Crude Still Slipping1:55pm CDT
- Dollar Flat Amid Dreadful Data1:52pm CDT
- Gold Edges Up, but Silver Hammered Again1:47pm CDT
- Brazilian Oil Takes Another Step Closer to Nationalization3:32pm CDT
- Resource Stock Roundup Friday, September 5th, 200812:01pm CDT
- Base Metals Treading Water11:53am CDT
- Crude Slips Further, $106 Seen as Support Level11:50am CDT
- Dollar Continues to Squash Euro11:47am CDT
- No Relief in Sight for Gold and Silver11:43am CDT
- Global Investing Roundups Friday, September 5th, 20089:39am CDT
- Weak Labor Market and Slowing Retail Sales Put U.S. Stocks in a Tailspin9:18am CDT
- Protest at Tata Plant Evidence of Indian Identity Crisis9:04am CDT
- Tap Into Korea’s Profit Potential with MSCI Korea Fund (EWY)8:02am CDT
- Follow PIMCO into Fannie and Freddie Bonds6:05am CDT
- Why You Should Buy Puts on the Weakest S&P 100 Players Now5:37am CDT
- Dollar Rally Means Mining Stocks On Sale5:11am CDT
- And Then There’s This… Thursday, September 4th, 200811:31am CDT
- Resource Stock Roundup Thursday, September 4th, 200811:26am CDT