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


To: Knighty Tin who wrote (13115)10/8/2004 9:20:33 AM
From: TH  Read Replies (1) | Respond to of 116555
 
KT,

I agree with all your points, and I must admit I'm shocked by this report.

I have to question my previous assumption, and that was the BLS was fabricating data.

If there is any positive to this, it is that I must acknowledge that the BLS does not have a blatant political bias.

Good Trading

TH



To: Knighty Tin who wrote (13115)10/8/2004 9:28:53 AM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 116555
 
EUR/USD up 120 or so pips - from the time we wrote each other yesterday. hiting 1.24 as I write.

techstocks.com



To: Knighty Tin who wrote (13115)10/8/2004 9:44:08 AM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
The spin Finally comes
U.S. shows 'solid job creation,' Evans says By Rex Nutting
WASHINGTON (CBS.MW) -- The U.S. economy has created jobs for 13 straight months, proof of "solid job creation," Commerce Secretary Don Evans said Friday. "For the 13th straight month, we've had job gains despite being in a wartime economy," Evans said. "Hurricanes and high energy prices haven't dampened our resilient recovery because America created over 1.9 million jobs since last August."



To: Knighty Tin who wrote (13115)10/8/2004 9:53:46 AM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
Economist Robert Brusca calls Sept job data ´terrible´
Friday, October 8, 2004 1:15:13 PM
fxstreet.com

Economist Robert Brusca calls Sept job data 'terrible' WASHINGTON (AFX) -- The September nonfarm payroll data are "terrible" with an increase in govermment jobs masking underlying weakness in job growth, said Robert Brusca, chief economist at FAO Economics. Although headline nonfarm payroll jobs grew by 96,000 in September, private sector employment only increased by 59,000 in September. "We've had a number of false recoveries in this recovery and could this be another one and shouldn't we be more cautious and worried," Brusca said
==========================================================
Pathetic, Pathetic, Pathetic.
The only things that have grown under this administration are
1) terrorism
2) the deficit
3) more govt jobs

If you want more of the same then vote for Bush



To: Knighty Tin who wrote (13115)10/8/2004 9:57:28 AM
From: mishedlo  Respond to of 116555
 
Snow optimistic about U.S. economic future
Friday, October 8, 2004 1:28:38 PM
afxpress.com

WASHINGTON (AFX) -- Treasury Secretary John Snow said Friday he is confident in America's economic future if President Bush's policies continue. Bush's tax cuts and lower interest rates have given the economy the stimulus it needs for investment and growth, Snow said in remarks prepared for delivery at a Toledo, Ohio business center. Snow said it is important to keep tax rates low on business owners so they can hire more workers and keep the economy going.
===================================================================
It's just an old fashioned Snow Job, coming down in 3 part harmony
Mish



To: Knighty Tin who wrote (13115)10/8/2004 12:01:08 PM
From: Alias Shrugged  Read Replies (2) | Respond to of 116555
 
TNX getting whipped around pretty good this week.

It's a good thing FNM has the "best and brightest" managing their trillion dollar loan/derivative portfolio.

Jeeez, can you imagine if instead that company was run by political hacks. -gg-