Yes, it is possible. But it may not. When retail is feeling positive and buying, it creates a good moment for the banks to sell. When banks sell, the price goes down. Usually when they tell you on the TV to buy, the message originates from the banks. They need people to take the stuff off their hands. Just like other businesses, when they need customers, they go advertise on TV.
The unemployment rate is a rigged number. Very few people outside the top % are better off now than in 2007.
it is possible to have a good trade but the only danger here is that we have to think about the consequences...
For the foreseeable future, nothing matters except central banks. Yes, new highs will be coming, but it's not related to employment. It's the world's central banks working together providing liquidity and keeping interest rates low, pricing risk assets higher.
BOHICA - bend over here it comes again It is like free fundraising for larger public corporations able to survive the crash cycle. With oil prices lowered, their transportation costs are reduced. Now they can begin another wave of hiring people to work longer hours with less pay. Isn't capitalism wonderful? Spread the word through religion. Your soul will be saved if you follow the rules.
I do believe in the unemployment number. I know central banks run the markets but there always has to be some logic to their madness. Individual investors are going to feel better knowing strong economic numbers are fueling the markets.
While UE numbers may appear to be going down - wages aren't getting better. Think about that for a second before celebrating. Also, at the rate they're going, central banks are just continuing to "average down" in the grand scheme of things. We know how often that tends to work out in the long term.
Absolutely right, it is rigged number, people run out of benefits and government thinks you are working, you either putting in for disability as that have gone way up in last few years or many end up with 4 part time jobs that are paying nothing, times have gone down, not up. And we should be worried about energy people being laid off cause gasoline finally decent price, shoot those guys make big money than the ones asking them if they want it super sized. Until we can take back what we gave China, factories, lower corporate taxes and tax foreign made goods at check out until fairness returns, America will always be bending over. Yeah, stock most likely be eventually be making new highs cause it is all BS anyway, government controlling everything.
Not sure what to think. Individual investors may feel better, but we are a minority, and we certainly don't rock the markets. Most people, as mentioned above, are indeed worse off than they were before the recession/depression or whatever you want to call it, and most people don't have anything invested. Do consumers really feel better? Or are the top few % doing a larger proportion of the spending? Or are the ones who are less well off spending anyway to make themselves feel better and getting further into debt? What about the chronically lower labor participation rate? Maybe some of those people are doing some sort of gray market, unreported thing like cleaning people's houses or mowing their lawns for cash. Or are there just a lot more people living off their family, holding people back from becoming generally better off than they were in 2007? Lots of questions and stuff that's hard to measure.