209,000 More Jobs In July - Ho hum.

[finnbow]

Originally Posted by Dondilion

Time period?

He can't tell time.

[Rajoo]

Originally Posted by finnbow

He can't tell time.

I did an LOL when I read that.
Thanks.

[4-2-7]

Originally Posted by Dondilion

Time period?

It's been happening Don

The USD 75.63

U.S. Dollar Slips Versus Yen, Euro After Jobs Report

The dollar fell against the yen and euro on Friday after a weaker-than-expected U.S. jobs report for July pushed back investors' timing for the first increase in interest rates since the financial crisis.


The jobs report, a primary gauge the Federal Reserve uses to evaluate the labor market, showed that U.S. employers added jobs at a moderate pace, while the unemployment rate ticked higher to 6.2% in July from June. The U.S. economy added 209,000 jobs in July, below forecasts of 230,000, while June's robust job gains were revised upward.


The dollar declined against emerging-market currencies, falling 0.5% against the Turkish lira, 0.3% versus the South African rand and 0.2% against the Mexican peso. The greenback also tumbled 1.8% against the Indonesia rupiah.

Emerging-market currencies, which have been hit hard by the recent dollar rally and the drama surrounding Argentina's recent default, reversed some of their losses Friday
http://online.wsj.com/articles/u-s-d...ort-1406899933

[Rajoo]

Shocking prediction from the best economic forecaster
O’Sullivan wins record 12th Forecaster of the Month award

http://www.marketwatch.com/story/sho...ter-2014-02-11

[4-2-7]

"Fine"

Now that's a bold and vauge analysis, no wounder he's so good at being right. "Fine" fits someones perspective i guess.

[Rajoo]

Originally Posted by 4-2-7

"Fine"

Now that's a bold and vauge analysis, no wounder he's so good at being right. "Fine" fits someones perspective i guess.

Instead of telling everyone how little you know, why don't you learn to use spell check? Or is it like audio synergy? You sound like shit because you are full of it?

Note: "Now that's a bold and vauge analysis, no wounder he's so good at being right."
That's two in one sentence!

[4-2-7]

Funny thing this guy doest say everything is fine.

Young Peter Schiff Discusses the Tech Bubble in 2002
http://www.youtube.com/watch?v=U_X6qLBtRTA

Peter Schiff Calls The Collapse In 2006, Gets Laughed Off FOX News
http://www.floatingpath.com/2012/05/...ghed-fox-news/

The documentation of this 2006 speech sounds like he is talking about the history of the housing bubble and financial crises. He also talks a bit about what will happen afterwards. He lays out play by play exactly what happen a year later.

Nov 2006 Peter Schiff Mortgage Bankers Speech Part 1 of 8
http://www.youtube.com/watch?v=6G3Qefbt0n4

That brings us to current time and his thoughts have not faltered. Well it looks like the video was made in November 2013 We are not out of the woods and the economy is propped up by the Fed. Their QE and low interest rates are kicking the can down the road. He also calls the bubble in Bitcoin.

Peter Schiff - Market Crash 2014 | London Real
http://www.youtube.com/watch?feature...&v=XSj4tpu0kYU

[d-ray657]

I "doest" say that the economic claptrap you are peddling is no more credible now than it was when you first came here to "educate" us.

Regards,

D-Ray

[donquixote99]

Originally Posted by 4-2-7

"Fine"

Now that's a bold and vauge analysis, no wounder he's so good at being right. "Fine" fits someones perspective i guess.

"Fine" was just the hook in the lead-in. Did you continue reading?

From the article:

O’Sullivan makes his living building up predictions about the economy from the bottom up: So much income plus so much spending plus so much investment equals so much growth.

And the pieces of the puzzle so far are telling O’Sullivan that the economy will probably grow at a 3.3% pace this year, up from the 2.7% growth recorded from the end of 2012 to the end of 2013. That forecast is the highest in the monthly Blue Chip Economic Survey, but it’s not too far above the 2.9% median forecast. O’Sullivan is the most bullish, but there are plenty of other bulls out there.

I disagree with the columnist--I think 3.3% is significantly higher than the 2.9% median of predictions surveyed. It's a percent of a very big thing, you know--the whole US economy? The difference between 2.9% and 3.3% will be something over four billion dollars of growth. I say it is bold, and it's not at all vague.

[4-2-7]

Originally Posted by d-ray657

I "doest" say that the economic claptrap you are peddling is no more credible now than it was when you first came here to "educate" us.

Regards,

D-Ray

How would you know living in your little bubble. Dray you never even looked at any of that video documentation I posted. So I can only come to one, well maybe two conclusions. You're incapable of learning or you're just lazy.