Newsgroups: rec.outdoors.rv-travel
From: Hank <ninebal...@aol.com>
Date: Sun, 7 Oct 2012 03:42:51 -0700 (PDT)
Local: Sun, Oct 7 2012 6:42 am
Subject: Re: OT...unemployment rate
On Saturday, October 6, 2012 11:20:09 PM UTC-4, rvfulltime wrote:
I agree with you about the seasonal adjustment, but for a different reason. Companies are hiring people to work for the Xmas season. My son isn't allowed a to take any vacation until after Xmas.
> On 10/6/2012 4:06 AM, Hank wrote: > > Reports show that the unemployment rate has dropped to 7.8% and the stock market hit a 5 year high.
> > Just sayin' :-)
> > Hank
> True to the news media, they only tell some of the story. They did not say > whether or not those figures were "seasonally adjusted". Come fall, the > unemployment rate usually drops because fewer people are looking for work. > Specifically, students are no longer looking for work. Seasonally Adjusted data > reflects this regular anomaly, just the same as unemployment rates drops in > December and goes back up in January.
> Regarding the stock market, the U.S. stock market is one part of a global > investment community. The major players are: U.S. Stock Market, U.S. Bond > Market, European Stock Market, European Bond Market, and Emerging Markets > including China and India. The U.S. Bond Market is at record level low return, > Europe is doing awful, and Emerging Markets are high risk. That leaves the U.S > Stock Market as the best of a group of weak choices.
In regards to the stock market, if we are the best choice, then how bad can it be? :-)
News media, they ALL (even FOX)tell you what they want you to believe. Same as all religions. Hank <~~~~~able to see thru the smoke and mirros with a single glance :-)
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