Economic update
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Economic Update: Jobs Report (NF)Pees on Recovery
First of all, Money McBags has to apologize for this column’s lack of timeliness but ever since he has gone to the great hedge fund in the sky, he has been way too short of time and thus unable to keep abreast (or two breasts) of the stories that really matter to all of you
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Did The Economy Stop Blowing Jobs?
The big news in the market on Friday was the release of the (No) Labor Department’s NFP Jobs Report (more commonly known as the Labor Force Participation Rate Report, or fiction) which showed the ponzeconomy™ added 216k jobs in March which was enough for the administration to pat themselves on their well insured backs and head
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Economic Update: Jobs Report is Classic Case of Buy the Rumor, Sell the News (Unless the News Has A Hot Friend Who Likes 3-Somes)
The market bounced around a bit on Friday before closing down (something about conflict in the Middle East, spiking commodity prices, and Gabe Kaplan not showing up for the Welcome Back Kotter reunion) as investors were buying the dip, selling the rip, all while ogling the nip slip. That said, the big news of the
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Economic Update: Lies, Damn Lies, and The B(L)S Jobs Report
Wow. Just fucking wow. Even with stability in the Middle East more fragile than an osteoporosis sufferer’s boney coccyx as Egyptian government officials join in the protests against their own government (which is a bit like Alan Greenspan protesting against fiat currency or Camille Crimson protesting against hummers) and Jordan contemplates reforms to lessen the
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1/7/10 Day After Report: Take This Jobs Report and Shove It
Oh shit was it on yesterday as macro news flew faster than Goldman subprime securitizations in 2005 or upward price target revisions on the S&P 500 in the last week (1,450, 1,500, does Money McBags hear 2850? Sold to the witch doctor in the back). — The macro news included the B(L)S reporting their non-farm
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11/5/10 Midevening Report: Economy Stops Blowing Jobs
Hells yeah. The jobs report was released today and the economy added a headline 151k new jobs which means we will be back to a Keynesian healthy unemployment rate sometime around the year 2172, just in time for the third Tralfamadorian invasion of Earth, OJ to find the real killers, and Rocky XVII to be
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Economic Update: Market tells the economy “we don’t need no stinking jobs”
To the tick tock and the market doesn’t stop, as even though the jobs report continued to color the economy bad, the shit awful numbers signal that Benny B is going to come in and sex the market up with QE2, so rally on my friends, rally fucking on (and yes, the rally makes about