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Stock Market --Dow over 10,000 WAKE UP!!!
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<blockquote data-quote="klein" data-source="post: 624665" data-attributes="member: 23950"><p>If they believe the economy is doing well, based on Wall Street numbers, that is thier own fault.</p><p>But, with almost 1 out of 5 people out of work in the US, I doubt that.</p><p>(10% officially on the unemployment roll, and appx. 8% that don't or do not longer receive it).</p><p> </p><p>But, the economy is moving a bit upwards. (housing and manufacturing numbers)..</p><p>There is a life sign, atleast.</p><p> </p><p>Next month comes the big test. Isn't Thanksgiving long weekend sales a huge indicator how xmas sales will tend ?</p><p>I don't expect those numbers to be great by all means, but hopefully better then expected.</p><p> </p><p>I agree with you. The US stimulus package wasn't great.</p><p>Money in wrong places.</p><p>But, the big 3 bailout was a neccesity, (not cash4clunkers though).</p></blockquote><p></p>
[QUOTE="klein, post: 624665, member: 23950"] If they believe the economy is doing well, based on Wall Street numbers, that is thier own fault. But, with almost 1 out of 5 people out of work in the US, I doubt that. (10% officially on the unemployment roll, and appx. 8% that don't or do not longer receive it). But, the economy is moving a bit upwards. (housing and manufacturing numbers).. There is a life sign, atleast. Next month comes the big test. Isn't Thanksgiving long weekend sales a huge indicator how xmas sales will tend ? I don't expect those numbers to be great by all means, but hopefully better then expected. I agree with you. The US stimulus package wasn't great. Money in wrong places. But, the big 3 bailout was a neccesity, (not cash4clunkers though). [/QUOTE]
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