LOL... Wall Street is now an economic Disney Land. They simply are not going to let the suckers off the hook... The suckers simply must buy high and sell low.
Quote of the day:
"Critics of further Fed tightening say the low unemployment rate masks considerable slack in the labor market, with the employment participation rate stuck at 66.1%, more than percentage point below the pre-recession peak.
The number of long-term unemployed people remains stubbornly high after four years of expansion. The percentage of unemployed workers who've been out of work longer than 27 weeks rose to 19% in February. "
Every so ofter the truth "slips out." People are simply dropping out of the labor market and moving in with relatives or friends. The lack of household formation during recent years is remarkable... People simply can not afford to pay rent.
