Not Again

79eer

Junior
Oct 4, 2008
8,544
394
83
“Stocks jumped Thursday the S&P 500 hit a record high, rising 0.9%. The Dow Jones Industrial Average traded 260 points higher, or 0.9%. The Nasdaq Composite advanced 0.8% and reached an all-time high”. CNBC Dec.12, 2019

.......... Tremendous news continues regarding savings and retirement accounts for all working and retired Americans.
 
Jan 4, 2003
44,738
543
103
“Stocks jumped Thursday the S&P 500 hit a record high, rising 0.9%. The Dow Jones Industrial Average traded 260 points higher, or 0.9%. The Nasdaq Composite advanced 0.8% and reached an all-time high”. CNBC Dec.12, 2019

.......... Tremendous news continues regarding savings and retirement accounts for all working and retired Americans.
Coop says this is fake news...just spread by "Trumpers":cool2:[banana]:cool2:
 

79eer

Junior
Oct 4, 2008
8,544
394
83
I have about three more years, then I'll work one day a week. My daughter is a freshan.
made last payment a several years ago, about 15 years after youngest graduated. ...... Absolutely guarantee, .... you’re going to love it, be here before you know it.
 

79eer

Junior
Oct 4, 2008
8,544
394
83
Even though the pop in claims was notable, just one data point doesn't make a trend. Last week's data could be an outlier due to seasonal noise, given the timing around the Thanksgiving holiday on November 28.


US hiring rebounds in wake of GM strike

The four-week average, which smooths out the Thanksgiving holiday week, was at 224,000.
"December and January are the biggest months for labor market turnover for the year so consequently there is excessive volatility in the claims," Thomas Simons, senior money market economist at Jefferies, wrote in a note to clients.
"We should not read too far into this jump in claims," he added.
The US labor market is still very strong, with the unemployment rate recently matching a 50-year low.
............ helps to keep things in perspective if you read the ENTIRE article Mr. Moe.





 

atlkvb

All-American
Jul 9, 2004
82,698
6,303
113

I hate good economic news, so every chance I get to trash this fabulous economy I will. It just pisses me off and I'd rather see Americans unemployed.