The Credit Crisis Financial Stocks Short Journal

The household data shows that the labor force
declined by -181K and the number of employed declined by -159K(the unemployed declined by -24, net -135K), the employment to population ratio(Bernanke main measure to withhold rate hikes during the 2003-2004 cycle when he was a fomc voter) also worsened by 0.1%

And of course the two year is on the way to the moon
 
Ses adj employment to population ratio hit a low on Dec 2009 at 58.2%, how much is it right now?58.4%

Labor slack is almost at the cycle low, there has been virtually no recovery there. Unless one looks at people giving up on working as a good thing
 
$ getting pummeled against pretty much every currency on the planet. Complete opposite of the past couple of years where the $ would get stronger as equities declined. This is definitely a break in the correlations that everyone has gotten used to.
 
Quote from ralph00:

$ getting pummeled against pretty much every currency on the planet. Complete opposite of the past couple of years where the $ would get stronger as equities declined. This is definitely a break in the correlations that everyone has gotten used to.
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What makes it even more interesting is that gold/EUR has gone from over 1,000 EUR to 900-ish EUR as the $DXY has declined.
 
Quote from m22au:

What makes it even more interesting is that gold/EUR has gone from over 1,000 EUR to 900-ish EUR as the $DXY has declined.
More...

If you're european or living in europe there are (gold)stocks down 20% to 40%.

Add to that the currency appreciation of the Euro VS the USD and it makes for quite the loss or opportunity, depending on how you were positioned previous to the drop that is. :D
 
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