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

To: mishedlo who wrote (97322)5/8/2009 1:42:00 PM
From: Jim McMannis  Read Replies (2) | Respond to of 116555
 
RE:"Unemployment Rate Soars to 8.9%"

And that's not even the real rate...only the govie stated rate?



To: mishedlo who wrote (97322)5/8/2009 5:09:43 PM
From: rich evans  Respond to of 116555
 
Household survey was positve showing adjusted 80,000 new jobs and 150000 before adjustment. Household survey led payroll on way down, maybe it will lead on the way up.
Rich



To: mishedlo who wrote (97322)5/8/2009 8:55:05 PM
From: koan  Respond to of 116555
 
Dollar collapsed today down 1.45!!

kitco.com

I think it has to do with the long bond being slaughtered yesterday. Feds need to buy more treasuries to keep interest rates down.

So now the dollar has fallen from about 88 to 82+ in about a month.

This might be 1980. The table sure seems to be set for it?

Even the base metals and soft commodities are participating.


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