This rally is gay.

B

bond_trad3r

No amount of manipulation being produced by the government and others will change the fact that we're seeing massive job loses.

I'm beginning to think everything but banks and automakers will crumble to bits.
 
Quote from bond_trad3r:

No amount of manipulation being produced by the government and others will change the fact that we're seeing massive job loses.
More...

Job losses priced in. Market looks way ahead and climbs a very steep, high wall of worry.
 
Market must be getting its data from the government.

homepagegraphic.gif

Source cbo.gov

Look at the miracles v-shaped recession. Stock trad3r is right. Look at the chart. How could I be so wrong.
 
Quote from stock_trad3r:

Job losses priced in. Market looks way ahead and climbs a very steep, high wall of worry.
More...



Tell me if job losses will be priced in when you see unemployment rates above 10% sometime over the next 12 months.


S&P 700 here we come.
 
And for fucks sake, how the hell is Michigan not a collapsed economy with 10.6% unemployment. Geez!!! That place should be in a shit hole by now. Where the hell is the state getting money to fund its day to day operations??
 
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