Hello KastelCo, about this Message 19411666
<<That means gross domestic product in the third quarter could have been as high as 7 percent>>
... GDP growth in the absence of profit vitality is meaningless, especially if simply ramped by deluge of decreasingly effective liquidity that will run the economic machine into a wall, causing explosion of debt and implosion of equity, Part II.
<<jobless claims have steadied and there are some signs that hiring is gradually returning>>
... plenty of jobs at lower pay, even as living expenses increase, regardless of whether there is or not inflation as calculated by BLS.
<<On Wednesday International Business Machines (NYSE:IBM - News) said it plans to hire 10,000 workers next year as more customers hike spending on technology>>
... let's wait and see what IBM ends up hiring for how much and how long.
<<The still very low pace of inflation>>
... Inflation is indicated to be very low, but housing, education, health care, insurance, government take, and food are all increasing in price, hopefully to be matched by decreasing price of imported IT that IBM will be hiring 10,000 folks at reduced wages to service, and that people can eat, use to build homes, and fuel cars with ;0)
If you want to buy something in the equity market, consider buying NEM or WJCI :0)
Chugs, Jay |
