Jun 6 2009

Real Unemployment Situation: Approximately 26,000,000 Unemployed or Underemployed. Job Growth in $10 per Hour Jobs while $20 per Hour Jobs Disappear.

On Friday, we learned that the unemployment rate jumped to 9.4 percent from last month’s 8.9 percent.  The BLS data surveys 160,000 businesses and government agencies that affect roughly 400,000 people so the data does cover a large portion of Americans and gives us a good sample size.  The markets were largely moving sideways on […]

May 17 2009

State Unemployment Data: 7 States Now With Historical High Unemployment Rate. Michigan 22.8 Percent Unemployment Rate (U-6) with Official Government Data.

There have been many comparisons to the past with our current recession.  For the most part, people are trying to find something familiar so they can have a better sense of where we are heading.  The only problem is that there isn’t much in our own history to guide us forward.  This is a unique […]

May 9 2009

24,700,000 Unemployed or Underemployed Americans: Job Losses Accelerate with 6 million unemployed over last year. Real Unemployment rate now at 15.8 Percent.

It is hard to believe what is taken as good news.  539,000 jobs were lost in April yet this was taken as a positive because it wasn’t 600,000.  Forget about the fact that the revised number for March was moved upward to 699,000 from an initial 663,000.  So it may be the case when the […]

Mar 25 2009

Dow and S&P 500: Is 2009 a Redux of 1938 and 1939? Powerful Spring through Summer Rallies. Market on Track for best Month in Decades.

The recent market rally is going down in the record books.  The S&P 500 is up 21 percent in a matter of 3 weeks, which is one of the strongest short-term rallies in the books.  In fact, we are on track for our best month since 1987.  Yet this rally has the ominous signs of […]

Mar 9 2009

The Red, White, and Blue Queen’s Race: The Economy Reverts to Historical Inflation Patterns: Stock Market and Real Estate Fall back in Line with Inflation. Working Harder Just to Stay in the Same Spot.

The Red Queen’s race is a situation that appears in Lewis Carroll’s Through the Looking-Glass where one has to run faster and faster just to remain in the same spot.  Imagine a treadmill that increases in speed every 10 minutes yet you don’t burn calories at the higher rate.  Many Americans are feeling as if […]

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