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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (5996)	5/10/2004 2:23:02 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 116555

just wonder why I see the employment report as neutral to negative and any one else as robust and expansionary? what I am missing? after all the weekly earnings are steady, manufacturing earnings are down imports are rising 270,000 jobs were added out of the blue (BTW over 140,000 from last year additions and 117,000 from last month) employment participation is flat as are hours worked and over 350,000 job seekers lost their unemployment pay.http://www.cbpp.org/4-26-04ui.htm Add to that continuing expenses in Iraq with no reward just do not get it