took a fat hit on miscalculation of reaction, but numbers look strong for soft landing. at least some good news! surf
50k is horrible. the whole recovery we've been below trend of 200-300k in normal recovery. the recovery and market bull is 4 years old and very very long in the tooth. we really never had any down turn in 2000-2002 as housing saved us. i'm expecting some tough times starting sometime in 2007 threw 2010.we've splurged and lived beyond our means for 25 years its just time to pay the piper
we all know those guys in fed suck but who cares the what they are? Im just wondering where the market is going because i am a trader, not a rule maker... hahahaha
you know whats funny we get 50,000 new jobs and it just so happens we add another 60,000 for the month of August. I still dont comprehend how these numbers get revised month over month. How can anyone believe this months number when it could be revised to -25,000 in november. I guess I dont believe the 50,000 job number than because its just going to change next month.