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To: MythMan who wrote (411234)10/22/2010 10:43:38 AM
From: Real Man  Respond to of 436258
 
Things are a little bit stretched, although I do agree,
there is only one market or no market at all, your choice.
In that sense all markets are stretched.

zerohedge.com



To: MythMan who wrote (411234)10/22/2010 11:01:00 AM
From: Giordano Bruno1 Recommendation  Read Replies (1) | Respond to of 436258
 
Is this good or bad?

Oct. 22 (Bloomberg) -- Payrolls dropped in 34 U.S. states
in September, led by California and New York, showing job losses
were dispersed throughout the country.
Employers in California cut 63,500 jobs last month, figures
from the Labor Department showed today in Washington. New York
followed with a loss of 37,600, while employment in
Massachusetts decreased by 20,900 and by 20,200 in New Jersey.
The labor market has been slow to improve as state and
local governments cut staff to repair budget shortfalls and
companies wait for an increase in sales. The government said
earlier this month that U.S. companies added 64,000 jobs in
September, less than economists forecast, and total payrolls
dropped by 95,000.
Corporate job gains are “weaker than we’d all like, barely
enough to keep unemployment constant,” Kurt Karl , chief U.S.
economist at Swiss Re in Armonk, New York, said before the
general to hire.”
Nevada’s jobless rate held at 14.4 percent in September,
the highest in the U.S.