Friday, August 3, 2012

JULY JOBS NUMBER : HAPPY DAZE ARE QUEER AGAIN...

A MASSIVE RISE IN MANUFACTURING WAS NOTED...MOSTLY AUTOS...WHICH IS ODD SINCE THE PURCHASING MANAGERS DON'T THINK SO...

APPARENTLY THERE IS STILL SOME STIMULUS CASH FLOATING AROUND IN THE ECONOMY...SOMEWHERE.

AND A LARGE RISE IN HEALTH CARE...PER USUAL...AND LEISURE TIME ...SO APPARENTLY THE UNEMPLOYED ARE JUST TAKING VACATIONS NOW... THE RETAIL JOBS NUMBER LOOKS FISHY...AT THIS LATE SUMMER PERIOD...YOU'D THINK THAT BACK TO SCHOOL AND THE HOLIDAYS WOULD BE HIRING TIME...

THE SUDDEN REVERSAL IN HEALTH CARE AND RETAILING NEEDS EXPLANATION...

WELL...IT'LL BE GOOD FOR A NICE DOW RALLY...ON THE HAPPY TALK EXPRESS....

AND NO ONE WANTS TO TALK DOWN OBAMA NOW...FOR FEAR OF GETTING ROMNEY...

BUT THE NOTION OF MORE QE COULD BE OFF THE TABLE UNTIL AFTER THE ELECTION...