Archive - Feb 6, 2010 - Blog entry

It's very hard to tell if this increase in employment is real, a temporary bump from stimulus, or a fiction arising from incorrect assumptions used by the BLS. Here's how to read the numbers.

Ever go drinking on Thursday and awake CSIQ on Saturday ... the unbeknownst shareholder of some Chinese micro / small-cap spec-crap ? If it occurred between February and December of 2006, you may have been a victim; you may have been electronically raped. Since CSIQ' IPO wasn't until 11.09.06, below is: (1) a daily & weekly snapshot (spanning 2006) of one of my all-time favorite-st pieces of Chinagra crap ~ the shell holding company known as SEED, whose accounting extraordinaire is matched only by the protectionism afforded its sector by Beijing bureaucrats; (2) the DoJ press release (2.5.10) in toto.

While it was another freaky Friday on Wall Street, I'd say the US jobs report was encouraging as was the price action in the stock market. Things are slowly getting better, but the pace of job growth is painfully slow. However, as the recovery gains steam, job growth will follow. It's only a matter of time now.