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Revisions = truth.
First estimates = false.
Why not just release the data after its been revised? Would cut down on alot of noise.
How the heck are you going to drive the stock market up with short squeezes if you put out only truth and facts? That wouldn't do at all.
Everything looks green again today. Bernanke just had to hint that he had a bazooka in his pants. Paulson is jealous.
So you are saying the economy is not going to collapse?.... this week anyway.
Economy already collapsed.
This is getting interesting.
'Driver likely lack of auto plant shut downs'...what auto plants?
Anyway, wheres the dire need for QE3? Wheres the 'UH OH' market collapse? Just not seeing it. All I see is Central Bankster junkies getting the DT's huddled in the corner of the mens washroom.
I think it is all those expensive yoga outfits that Lululemon has flying out the door. They are really driving the economy.
Bernanke wants his QE to hand to his central bankster crack junkies, but cant cause the fear and panic because if his empty casino was suddenly flooded with sell orders it would blow apart the whole illusion...what are you going to do now Bernank?
Ron Paul did make Bernank look like an IDIOT yesterday with the 'If gold is not money as you say then why are banks and countries hoarding it'?
Bernanke made Bernanke look like an idiot.
As long as the market continues to bullishly price in QE3, there will be no QE3.
Right on Dog. Bob Chapmans opinion is QE3 started seemlessly in stealth mode when QE2 ended. I would think there would be someway to proove it though unless it is a very good stealth.
all stealth QE's leave an ion trail!
Poor baby Bama, want's his momma! What an avatar!
Amazing it's always good news of people dropping off benefit roles when you know damn well they aren't getting jobs.
John Williams on the FSN:
A question... is it a good time to buy a new car or should I wait till Bernanke does QE3 or if the economy just drop dead I would be able to bring down the bargain price of the car?
If you're interested in getting financed, you might want to buy before the Ice-Nine sets in.
good thing the holiday last week didn't affect the job numbers, as inflation didn't affect sales. hope all those college graduates don't all look for jobs all at the same time come september!
CNBS changed their headline on jobs to:
Have a look at this article from 2008:
<<< Economists say initial claims ranging from about 300,000 to 325,000 are consistent with a healthy rate of U.S. employment growth. But readings consistently higher than 350,000 would signal significant weakening in the labor market. >>>
Today, AP is reporting that 375,000 weekly jobless claims signal a healthy labor market.
The GOALPOSTS have been moved!
and if anything, the goalpost should be moving the other way...fewer workers, more part time workers, more consultants, fewer people who qualify for benefits if they are laid off...insane
are claims just a joke now? how can it be always wrong?
floating on the waves of stagnation.............stocks still holding, inflation not raging, dont expect qe3 this year. wont happen.
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