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Message: Re: Jobless Rate @ 8.5%!!

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Re: Jobless Rate @ 8.5%!!

in response to Jobless Rate @ 8.5%!! by macapaca
posted on Apr 06, 09 06:42AM

The jobs situation is ugly for sure, but its always been a lagging indicator as a market timing mechanism. Maybe we'll top out at 9.5% or so during this cycle, get a rebound in growth taking us technically out of recession, then crash & burn again. Its then when gold may take out new highs after truly all the stimulus ammo has run out. They won't be able to stimulate again without pumping more T's in the economy.

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Apr 06, 09 07:36AM

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