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Jobs data a surprise - 9/15/2011 11:22:26 AM

StrangerThan

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Joined: 4/25/2008
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To whom? Didn't we just come off a month with zero net jobs added?

http://finance.yahoo.com/news/Jobless-claims-post-surprise-rb-3741017302.html

New claims for jobless aid unexpectedly rose last week and factory activity along much of the Eastern seaboard contracted early this month, backing the view the Federal Reserve would move soon to boost growth.

And the stock market chugs merrily along, at this writing at +1.55 percent. My how the times have changed. Maybe it's the feel good thought of the Fed doing more "easing", which to me sounds a lot like taxpayers buying up bad debt.

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RE: Jobs data a surprise - 9/15/2011 11:27:01 AM

mnottertail

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if taxpayers are buying up bad debt, I think the house should start doing its fucking job and stop it.

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