Comments on: UNEMPLOYMENT SURGES TO 10.2%, LOSSES WORSE THAN EXPECTED http://pragcap.com/unemployment-surges-to-10-2-losses-worse-than-expected Sat, 26 May 2012 12:51:06 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: The Finn http://pragcap.com/unemployment-surges-to-10-2-losses-worse-than-expected/comment-page-1#comment-8547 The Finn Fri, 06 Nov 2009 17:39:23 +0000 http://pragcap.com/?p=12251#comment-8547 That's what they want you to belive. This market will end negative. I think Wall Street will start to worry about what Christmas shopping is going to look like with these high unemployment numbers. That’s what they want you to belive. This market will end negative. I think Wall Street will start to worry about what Christmas shopping is going to look like with these high unemployment numbers.

]]> By: The Finn http://pragcap.com/unemployment-surges-to-10-2-losses-worse-than-expected/comment-page-1#comment-8546 The Finn Fri, 06 Nov 2009 17:28:11 +0000 http://pragcap.com/?p=12251#comment-8546 Yes, but he did some mistake.:) "That is about the same level as 1969 (30 years ago, population 30% lower)." Yes, but he did some mistake.:)

“That is about the same level as 1969 (30 years ago, population 30% lower).”

]]> By: Eric http://pragcap.com/unemployment-surges-to-10-2-losses-worse-than-expected/comment-page-1#comment-8543 Eric Fri, 06 Nov 2009 16:36:45 +0000 http://pragcap.com/?p=12251#comment-8543 I still do not understand why people do not want to get in the AAPL, INTC, GOOG, AMZN, GLD trade. If you owned a stock that was continually issuing new shares every week would you want to own it, obviously not as you would get diluted. So why people want to sit cash/UST as the supply expands and your dollars become diluted is beyond me. I still do not understand why people do not want to get in the AAPL, INTC, GOOG, AMZN, GLD trade. If you owned a stock that was continually issuing new shares every week would you want to own it, obviously not as you would get diluted. So why people want to sit cash/UST as the supply expands and your dollars become diluted is beyond me.

]]> By: TPC http://pragcap.com/unemployment-surges-to-10-2-losses-worse-than-expected/comment-page-1#comment-8541 TPC Fri, 06 Nov 2009 15:47:19 +0000 http://pragcap.com/?p=12251#comment-8541 Rob, You're being rational and doing some real analysis. Don't you know you're just supposed to go buy stocks? Everyone is doing it. It's the new "in" thing. Rob,

You’re being rational and doing some real analysis. Don’t you know you’re just supposed to go buy stocks? Everyone is doing it. It’s the new “in” thing.

]]> By: Rob http://pragcap.com/unemployment-surges-to-10-2-losses-worse-than-expected/comment-page-1#comment-8540 Rob Fri, 06 Nov 2009 15:42:12 +0000 http://pragcap.com/?p=12251#comment-8540 The CEO of the world's largest independent auto parts maker is optimistic on US light vehicle sales for 2010. He thinks they will hit 11 million units. That is about the same level as 1969 (30 years ago, population 30% lower). Of course, lots of workers will no longer be needed. Competing suppliers will go bankrupt. But it is good for his company because they will pick up market share and when the market rises back to the sales level of the mid 1970s, their business will turn profitable once again. The CEO of the world’s largest independent auto parts maker is optimistic on US light vehicle sales for 2010. He thinks they will hit 11 million units. That is about the same level as 1969 (30 years ago, population 30% lower).

Of course, lots of workers will no longer be needed. Competing suppliers will go bankrupt. But it is good for his company because they will pick up market share and when the market rises back to the sales level of the mid 1970s, their business will turn profitable once again.

]]> By: DAnH http://pragcap.com/unemployment-surges-to-10-2-losses-worse-than-expected/comment-page-1#comment-8536 DAnH Fri, 06 Nov 2009 15:02:32 +0000 http://pragcap.com/?p=12251#comment-8536 The real question is: so we all know the real economy stinks. We also know Ben is pumping billions into the markets every day. So, if we're in the midsts of another bubble do we buy now or do we wait it out for the inevitable bust? The real question is: so we all know the real economy stinks. We also know Ben is pumping billions into the markets every day. So, if we’re in the midsts of another bubble do we buy now or do we wait it out for the inevitable bust?

]]> By: Octopus http://pragcap.com/unemployment-surges-to-10-2-losses-worse-than-expected/comment-page-1#comment-8534 Octopus Fri, 06 Nov 2009 14:49:27 +0000 http://pragcap.com/?p=12251#comment-8534 You are right! You can't fight this mkt now. You are right! You can’t fight this mkt now.

]]> By: TPC http://pragcap.com/unemployment-surges-to-10-2-losses-worse-than-expected/comment-page-1#comment-8533 TPC Fri, 06 Nov 2009 14:47:28 +0000 http://pragcap.com/?p=12251#comment-8533 The dollar tanks, stocks rally. All hail Bubbly Ben!!!!!!!!!!!! The dollar tanks, stocks rally. All hail Bubbly Ben!!!!!!!!!!!!

]]> By: SS http://pragcap.com/unemployment-surges-to-10-2-losses-worse-than-expected/comment-page-1#comment-8532 SS Fri, 06 Nov 2009 14:45:57 +0000 http://pragcap.com/?p=12251#comment-8532 Ha. That's exactly right! Ha. That’s exactly right!

]]> By: SS http://pragcap.com/unemployment-surges-to-10-2-losses-worse-than-expected/comment-page-1#comment-8531 SS Fri, 06 Nov 2009 14:44:40 +0000 http://pragcap.com/?p=12251#comment-8531 I think the new motto is: "is what's bad for Main Street is good for Wall Street!" I think the new motto is: “is what’s bad for Main Street is good for Wall Street!”

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