American unemployment

[young-gun]

i hope so im long as sh*t, come on Bernanke

Sleep easy wg, chopper Ben will probably print the Dow to 20k

 

[skc]

Sleep easy wg, chopper Ben will probably print the Dow to 20k

Not so long ago, bad economic data = good for share price because of the promise of QE3. Now QE_infinity has been deployed, bad data is actaully going to be treated as bad data.

One one hand that's refreshing, on the other hand it really takes the edge out of a strategy called Buy-all-dips.

 

[tinhat]

All these same arguments we have over the US and the state of their economy also happened after the tech wreck in 99-2000 on forums back then. I'm amazed that the US seems to defy gravity but wouldn't be shocked if a boom did happen. I think tech this decade will be a game changer.

Not a bad prediction given that technology has been a game changer for the last two hundred and fifty years now. It will be interesting to see if The Bernake can avoid inflating another asset bubble in the USA this time around. I'd be looking at the developing world for sustainable growth though. One of the problems I have with the high flying tech stocks on the NYSE such as apple is that they don't really have any long term sustainable competitive advantage. What long term competitive advantage does Apple have? It's just a brand and all brands go through life cycles.

 

[moXJO]

Not a bad prediction given that technology has been a game changer for the last two hundred and fifty years now. It will be interesting to see if The Bernake can avoid inflating another asset bubble in the USA this time around. I'd be looking at the developing world for sustainable growth though. One of the problems I have with the high flying tech stocks on the NYSE such as apple is that they don't really have any long term sustainable competitive advantage. What long term competitive advantage does Apple have? It's just a brand and all brands go through life cycles.

Im talking more manufacturing tech in the US. And tech does stagnate for extended periods.

 

[tinhat]

Im talking more manufacturing tech in the US. And tech does stagnate for extended periods.

Do you mean things like 3D printing or do you have other examples in mind?

 

[drsmith]

Sleep easy wg, chopper Ben will probably print the Dow to 20k

Yes, it's indeed the yanks intention to inflate their way out of the aformentioned digestive waste.

 

[orr]

Do you mean things like 3D printing or do you have other examples in mind?

An example might be what Celanese are doing with there TCX ethanol development

http://www.greencarcongress.com/2011/05/tcx-20110513.html

US regulation means their first large scale plant is being planned in China.

An earlier cautionary note from Reuters:

http://uk.reuters.com/article/2011/06/15/us-energy-summit-celanese-idUKTRE75E50F20110615


There's also a Sodium Ion Battery start up Aquion. They've got a fair list of positions vacant.

 

[McLovin]

Looks like someone forgot to tell the BLS the election is over. They're still tinkering with the figures!

http://www.bloomberg.com/news/2012-...146-000-in-november-jobless-rate-at-7-7-.html

 

[young-gun]

Looks like someone forgot to tell the BLS the election is over. They're still tinkering with the figures!

http://www.bloomberg.com/news/2012-...146-000-in-november-jobless-rate-at-7-7-.html

Well someone had to sweep the water out of the NYSE...

 

[Mrmagoo]

It doesn't even matter who is rigging what. The fact is they are altering information that CAN have a direct effect on global markets. What's BS is that they can do this and there is no repercussions. Governments are a joke across the globe. They are all completely effing useless. My anger towards governments would need another thread.

The unemployment rate is a very highly meaningless number. It is a realm of fantasy which exists only in the world where the person creating it lives.

There are much better ways of looking at the number of jobs in an economy. Unemployment rate has and always will be crazy.

 

[orr]

An example might be ...







There's also a Sodium Ion Battery start up Aquion. They've got a fair list of positions vacant.

The Aquion Battery is now being marketed in australia through Ampetus Energy;

http://www.ampetus.com.au

Non toxic- Non flamable- 100% depth of discharge -cradle to cradle enviro rating-Very low maintance- high 'abuse' tolerance -guarantee 3000+ cycle life(tested out to above 5000cycles)

Tesla have done the marketing for home energy storage... now all you have to do is the thinking. So to quote a couple of blokes from Brisbane circa1975 'Know your product' ..........they were saints

 

[mullokintyre]

In a results that will not sit well with folks looking to justify the last 50bps rate cut and who are looking for furthrt cuts, US initial jobless claims have dropped to their lowest levels in six months.
Not surprisingly, initial claims dropped significantly in North Carolina ,Florida and Georgia after the twin hurricanes put a lot of people out of work.
Also not surprisingly, the state with the biggest jump in initial claims was in California.
Mick