Nov 7 2008
The October 2008 Job Report: Digging Deeper into the Data. True Unemployment Rate at 11.8%.
Trying to explain the unemployment rate is a challenge since there are many nuances to look out for. For example, today the unemployment rate came out at 6.5%, the highest since March of 1994. That would be troubling in itself. What was also released in the report is a horrible number of 240,000 jobs being […]
Oct 29 2008
Massive Market Volatility is not a Good Thing! Biggest Percent Gains and Losses Occur in Economic Crisis.
I am amazed at how many people think that suddenly with a 10 percent gain on Monday that somehow the market is now in good shape. This could not be further from the truth. Massive percentage swings occur during economic turbulent times. You do not want to see 10 percent up or 10 percent down […]
