It is reported that the U.S. unemployment rate for November rose to a recent high of 6.7% of the population. The same report showed non-farm payrolls fell by 533,000… at least that is what the headline will initially lead us to believe. But taking a closer look into this report...
A few of the more important reading items and links for December 7th :
OPEC head says oil production likely to be cut soon – On again, off again…
Chinese Car Maker Secures $1.45 Billion Loan – The timing of the move raised questions about whether the funds are intended as...
Recently, I sat down with the good folks at The Money Show and discussed a few topics. Here is the recent discussion that considers the infrastructure boom that could be coming. (CLICK HERE)
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Initial jobless claims are a measure of the number of individuals filing for unemployment benefits for the first time. Surprisingly, the number of claims was much better then expected yesterday at 509k versus the consensus of 540k claims filed. Does this mean we...
Markets may have rallied today due to a feeling of hope and change that the automotive industry may finally come to a bailout agreement with congress. It appears that this will be nothing more than a short-term fix for another ailing industry. Unfortunately, we still have several enormous...
