SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Mileposts
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sciAticA errAticA who started this subject5/8/2004 8:43:06 AM
From: sciAticA errAticA   of 1149
 
How many new jobs really?

Friday, May 7, 2004

There's some wonderfully contrarian analysis tonight
by Van R. Hoisington and Lacy H. Hunt of Hoisington
Investment Management of Austin, Texas. They note
that there is no documentation for most of the new
jobs cited in today's U.S. jobs report. Rather, the
number was, as with so many numbers in U.S.
government reports, simply contrived.

Hoisington and Hunt argue that the U.S. economy
remains in terrible shape, and they predict that
far from having higher interest rates, the fear of
which spooked the general stock markets and
crushed the precious metals today, the United
States will have LOWER interest rates by the end
of this year and STILL lower rates in 2005.

You can find the Hoisington/Hunt commentary in
Adobe Acrobat format here:

hoisingtonmgt.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News