Job numbers -175k est.

Discussion in 'Economics' started by S2007S, Nov 6, 2009.

  1. logikos

    logikos

    Yeah, I understand, but whole numbers have more clout. It's like pricing something at $99.95 instead of $100 even. It's only a nickel difference, but nearly everybody uses this kind of pricing practice, so there has to be some psychology to it.

    I guess the point I am making is that the market rally continued merrily on its way as the unemployment rate creeped up through the 9 percentile. I am curious if anything will change now that 10% has been exceeded.
     
    #11     Nov 6, 2009
  2. logikos

    logikos

    Wow, look at this push higher. I guess no difference. Nothing seems to want to stop this bull.
     
    #12     Nov 6, 2009
  3. no news is good news, bad news is even better news. this is the mantra now
     
    #13     Nov 6, 2009
  4. Unemployment is good because it means bigger margins. Employee productivity numbers are real high last report.
     
    #14     Nov 6, 2009