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

To: skinowski who wrote (108968)2/25/2010 12:56:35 PM
From: mishedlo2 Recommendations  Read Replies (1) | Respond to of 116555
 
Weekly Unemployment Claims Spike To 496,000; Will Reality Soon Set In?

globaleconomicanalysis.blogspot.com

Yesterday the market rallied the moment Bernanke started yapping to Congress about holding interest rates low for a considerable length of time. Pray tell what did he say that anyone should not have expected?

Perhaps today the reality of "why" Bernanke feels compelled to hold rates low will set in. Following news that unemployment claims spiked to 496,000 the S&P 500 gapped down 15 points. Is there more where that comes from? ....

Mish



To: skinowski who wrote (108968)3/2/2010 7:14:25 AM
From: Dan34 Recommendations  Read Replies (1) | Respond to of 116555
 
Re: If "we the people" begin setting compensations in the private sector, we'll have bigger problems that overpaid management. Besides, who gave you the right to tell me how much I should pay my employee?

Well, the current management has been embezzling the stockholders savings. The United States' current system of financial and corporate governance just isn't working to send the correct pricing signals.


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