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.
Politics : Politics for Pros- moderated
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Alan Smithee who wrote (408984)2/6/2011 5:29:38 PM
From: Sr K  Read Replies (2) of 793897
 
Bill and the 9 people who rec'd his post #408975, and the media reporting the January Employment Report, have forgotten (or never knew) that the stock market is a discounting mechanism.

What happened in January almost doesn't matter, even as the media almost ignored that payrolls were 40,000 higher for (1) December than first reported and (2) November as previously revised. That's almost equal to the low "headline" number for January.

[so the +49,000 for one month was really +89,000 for one report]

The contrast is that the broad market averages were up 4 or 5 days last week, the DJIA (up all 5) is over 12000, and even more of an indication of reality is the number of companies declaring increased dividends. The number on the daily list shot up last week, and the list includes companies in a broad array of market sectors.
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