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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (86800)	2/3/2012 11:03:10 AM
From: KyrosL	Read Replies (1) \| Respond to of 218057

I think fracking played a significant role, since it generates a lot of indirect jobs. For example, ultra cheap natural gas is a direct result of fracking and has kindled a boom in chemical manufacturing, whose main feedstock is NG and NG liquids. Manufacturing was particularly strong at +50K.

To: Cogito Ergo Sum who wrote (86800)	2/3/2012 11:05:40 AM
From: Giordano Bruno	1 Recommendation Read Replies (1) \| Respond to of 218057

We have arrived.

To: Cogito Ergo Sum who wrote (86800)	2/3/2012 11:47:01 AM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 218057

Some observation to the economic report of today which as usual is AGAIN misleading. Those are my 2 cents; As usual I run to check the Birth Death model which revises a whole year of data and for few years proved always to be disappointing for January. Surprise the number was negative by (-367K) jobs which implied a real strong employment number. This did not reconciled with the FED approach to the economy and housing sales and prices, unemployed and general consumption and retail sales. Therefore I went on to check other numbers which again rose my suspicion only to find that the US Civilian non-institutional population grew from December 2011 from 240,584K to 242,269K in January 2012. WOW 1,685,000 million added to one month!! That is a BIG number. So let’s calculate that from the addition of 1,685,000 people at working age only slightly over 247k of the reported number and the B/D model number of over -367K found work, totaling around 600K people, this is a very sad statistics. To clarify 1,685,000 new people entered the workforce and only 35% of them found new jobs. (from 1,685,000 people - only slightly over 600,000 are working ) No wonder that he general “Percent of population” slid to 63.7% from 64 in December 2011, Employed labor force grew from 140,790K to 141,637K leaving the percentage of employed population at the same level as in December. Now of course add to that the inaccuracies of statistics and we are marching fast to nowhere in employment growth as a percentage of the population. Therefore I am not worried of any upward pressure on wages and as a result ensuing runaway inflation…. and surprise surprise neither is the commodity markets or currency markets which are in general well behaved.

To: Cogito Ergo Sum who wrote (86800)	2/3/2012 11:51:13 AM
From: elmatador	Read Replies (1) \| Respond to of 218057

No apocalyptic path. Just return to natural size. No need to prepare for the worst. Just for the new normal. "Whatever we see come out over the course of this year and the next year, the world is never going to go back to the way it was." World Bank President Robert Zoellick

To: Cogito Ergo Sum who wrote (86800)	2/3/2012 11:51:13 AM
From: elmatador	Read Replies (2) \| Respond to of 218057

Dollar rises as jobs boost dents QE3 speculation The dollar strengthened on Friday after US data showed a larger than expected rise in jobs last month, which investors interpreted as a positive signal on the US economy. The US currency rose against the euro, the pound and the yen as investors speculated that the positive signal on the US economy would lessen the chance of a further round of quantitative easing. “The prospects for QE3?.?.?.?are not as imminent as some observers have argued,” said Marc Chandler, global head of currency strategy at Brown Brothers Harriman in New York. The euro fell 0.5 per cent to $1.3078, following a week of trading in a tight range against the dollar as investors waited for the outcome of Greece’s ongoing talks with its creditors to restructure its debt. The euro rose 0.1 per cent against the yen to Y100.28. The pound reversed earlier gains against the dollar after figures showed a rise in the UK’s services industry in January. Sterling fell 0.3 per cent to $1.5767 but rose 0.2 per cent against the euro to £0.8302. But the dollar fell against commodity and emerging market currencies as investors interpreted the uptick in US jobs data as positive for global growth. The Australian dollar rose 0.2 per cent to close to its five-month high against the US currency the previous day, moving back above $1.07 against the US dollar to $1.0734. The Mexican peso rose 0.6 per cent to pesos 12.7243 while the South African rand rose 0.2 per cent to R7.5760, its strongest level in nearly five months. The Canadian dollar climbed 0.1 per cent to $1.0023 while the New Zealand dollar was flat at $0.8330. The yen and the Swiss franc weakened against both the euro and the dollar, giving up some of their gains earlier in the week. Traders have speculated this week that a fresh round of intervention from both the Bank of Japan and the Swiss National Bank could be imminent, after both currencies rose to key psychological levels. The Swiss franc lost 0.1 per cent against the euro, which rose to SFr1.2058, after hitting a low of SFr1.2028 earlier in the week, just above the SFr1.20 ceiling at which the SNB has promised to intervene to weaken the franc. The dollar rose 0.5 per cent against the yen to reach Y76.60, erasing the gains made by the Japanese currency over the course of the week. The yen this week hit its strongest level since the Bank of Japan last intervened in October, reaching Y76 against the dollar. Copyright The Financial Times Limited 2012. You may share using our article tools. Please don't cut articles from FT.com and redistribute by email or post to the web. ft.com

To: Cogito Ergo Sum who wrote (86800)	2/3/2012 6:02:16 PM
From: 2MAR$	Read Replies (2) \| Respond to of 218057

Oh , this was blow out week check charts for MA CMI & the CME that reported weds/thursday...BAC is up 35% now nearing $8 but POG took it on the chin today ...and that fave fertilizer CF added 10pts more to $185 that will be reporting soon . VISA a new all time high and so has Mastercard/MA hit new ALT . Boy'z played this beautifully into the Job's Numbers , best little Casino in town just ask the Bin Laden's that heavily invest in many of our Banks & defense stocks like Lockheed Martin ;o)