Wall Street Week Ahead-Bond, stock investors making hay; can both be right?

Comments (4)

In a world of fixed markets and banker corruption … anything is possible to keep the ponzi petrodollar from collapsing …..

May 02, 2014 10:40pm EDT  --  Report as abuse
Hahahappy wrote:

the Chinese are coming!

May 03, 2014 9:16am EDT  --  Report as abuse
RD137 wrote:

Hard assets and commodities are the only things really worth anything at this point.

May 03, 2014 11:44am EDT  --  Report as abuse

What utter propaganda, might as well have been from George Orwell’s ministry of plenty. The fact is that we have a fake ‘economy’, and an outright rigged ‘market.’

Last month 288,000 jobs were created, but 806,000 fell out of the labor force. So 2.8 times as many people dropped out as found jobs. Yet the rosy headline on jobs lives on,and the gigantic loss in the labor force itself is downplayed.

As CBS notes:

“The unemployment rate dropped to 6.3 percent in April from 6.7 percent in March, the lowest it has been since September 2008 when it was 6.1 percent. The sharp drop, though, occurred because the number of people working or seeking work fell. The Bureau of Labor Statistics does not count people not looking for a job as unemployed.”

The amount (not seasonally adjusted) of Americans not in the labor force in April rose to 92,594,000, almost 1 million more than the previous month.

May 03, 2014 3:54pm EDT  --  Report as abuse
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