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November Snapshot - More Bad News for Team Pelosi
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<blockquote data-quote="klein" data-source="post: 766544" data-attributes="member: 23950"><p>ok, it happens, Friday the Dow was "only" over 100 points up, the TSX was over 200.... Thursday it was the other way around.</p><p>It's no big deal, the main factor being said, that the stockmarkets acted very positive to the news, that you and Lucy call as negative.</p><p> </p><p>Jobs are being created in the private sector. 67 ooo of them is not a small number, and I admit not enough for a faster rebound, but not sure if 67000 is not enough to keep up the difference of people retiring out of jobs, and new people seeking work.</p><p> </p><p>However, this gets me to your 3rd point. The major new job seekers come available at the end of a school year, not the beginning like September.</p><p>That being said, how many thousands of students did find summer jobs and have now left the workforce ? Or atleast not putting in the hrs they were during the summer months.</p><p>So, that alone creates new job openings (It's always easier to find work in September, then July or August), combine that with less of the censors being laid off, and a steady job growth, and larger company earnings and sales, it's just logical that unemployment numbers will go down.</p><p>Yes, thats <strong>my</strong> conclusion and my opinion.</p><p> </p><p>Another opinion : Don't bet against the stockmarket in the near future, my prediction Dow over 11000 by mid October.</p><p> </p><p>Oh yeah, don't forgot havest seasons starts for most farms, and the wheat farmers in particular are laying the golden goose this year, with those prices being tripple as much as last year.</p><p> </p><p>To Moreluck with her following comment :</p><p>All I can say is : Remember you heard it here first, and from whom..... <img src="/community/styles/default/xenforo/smilies/wink.png" class="smilie" loading="lazy" alt=";)" title="Wink ;)" data-shortname=";)" /></p></blockquote><p></p>
[QUOTE="klein, post: 766544, member: 23950"] ok, it happens, Friday the Dow was "only" over 100 points up, the TSX was over 200.... Thursday it was the other way around. It's no big deal, the main factor being said, that the stockmarkets acted very positive to the news, that you and Lucy call as negative. Jobs are being created in the private sector. 67 ooo of them is not a small number, and I admit not enough for a faster rebound, but not sure if 67000 is not enough to keep up the difference of people retiring out of jobs, and new people seeking work. However, this gets me to your 3rd point. The major new job seekers come available at the end of a school year, not the beginning like September. That being said, how many thousands of students did find summer jobs and have now left the workforce ? Or atleast not putting in the hrs they were during the summer months. So, that alone creates new job openings (It's always easier to find work in September, then July or August), combine that with less of the censors being laid off, and a steady job growth, and larger company earnings and sales, it's just logical that unemployment numbers will go down. Yes, thats [B]my[/B] conclusion and my opinion. Another opinion : Don't bet against the stockmarket in the near future, my prediction Dow over 11000 by mid October. Oh yeah, don't forgot havest seasons starts for most farms, and the wheat farmers in particular are laying the golden goose this year, with those prices being tripple as much as last year. To Moreluck with her following comment : All I can say is : Remember you heard it here first, and from whom..... ;) [/QUOTE]
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