The Obama economy

The DJI made a lower high that nobody could miss in November then went off the edge of the world. Bye bye prosperity and any hopes thereof, seeing as how ninety or so million Americans just don't work anymore. Moronic Hillary avoids talking about the economy. She focuses on "feelings" and "government programs to fix things" and ideological krap about women's rights and men that f^&k each other in their hairy stinking @s$es. The Fed is borrowing to make the minimums on it's $46 Trillion debt, still running deficits and some moron is talking about how government programs are going to fix shit... Anybody that votes for that perpetually trashy party deserves the Darwin Award they are certainly going to receive. Nobody but them has brought us to this point. They fought the balanced budget notion very, very hard for a very long time.

Pull up the DJIA chart at stockcharts.com Change it to weekly bars and observe how price is below the 200 SMA. Think that's not a key indicator? Believe me, it's a key indicator.

Truthfully, for people adjusting their retirement funds this is a great time to buy some solid companies that pay dividends, ones that you can keep forever. For the rest of humanity, wow, it's over for awhile, nobody knows how long of a while either...
 
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Corrections come and go, and this one will go, too.

I'm on business in the US, and I'm pleased to see all the 'now hiring' signs up. Sigh, the passing of Calgary's correction is gonna take a while.
 
Corrections come and go, and this one will go, too.

I'm on business in the US, and I'm pleased to see all the 'now hiring' signs up. Sigh, the passing of Calgary's correction is gonna take a while.

Where is it you're seeing those signs, again?
 
Stuff you won't see at ZeroSense:

From The Conference Board Help Wanted OnLine® (HWOL)

HWOL-Chart1.gif

HWOL-Chart2.gif


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And

nfib-small-business-hiring-index-nfib-small-business-hiring-index_chartbuilder-1.png


And then there are JOLTS, which still has the gap (difference between hires vs separation).
 
Debt-fueled prosperity, is fake prosperity. It's not real.

Cheerleaders can post as many charts as they like.

Until the Government runs a balance budget, the employment numbers are basically meaningless.
 
Guys, think about it like this.

Say the Government borrows (and spends) the equivalent of 2.6% GDP (500 Billion dollars) and the economy grows 2% GDP....

See where that goes? It takes more then 1 dollar of debt to produce 1 dollar of growth.
 
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