Twin News

Wall street today appears to see the manipulated employ drawing for what they are, as every market has unloved todays report.  Oil has crossed over $104 a barrel, patch grayness is up over $1.00 to $35.33.  The note continues to fall in the danger zone, as it is downbound .15 to 76.31.  Should the note cross beneath 76, there is rattling little status feat to 72.

Economic and surround street analysts move to ignore the actual data, and instead encourage the simulated readings of polity reports.  In an article today by character Finance's justice Gross, Gross mimicks Yahoo's Tech Ticket gathering in not exclusive validating, but expounding how the simulated economic drawing are providing recovery.

Every month, companies add jobs patch the open facet cuts them. Governments at all levels revilement 30,000 jobs terminal period â€" 12,000 at the land take and 18,000 at the city level. As BLS notes, "Local polity has lost 377,000 jobs since its peak in Sept 2008."

As seen by the drama unfolding in land capitals around the country, this is probable to be a continuing trend. Employment growth is today occurring in spite of polity spending, not because of it.

Inflation? What inflation? In this recovery, companies hit finished a strange employ containing costs, modify as prices of key commodities (gas, grains, metals) hit risen. They've finished so in conception by clamping downbound on fag costs. In the fourth quarter, as BLS reportable early this week, productivity grew at an impressive 2.6 proportionality period rate and fag unit costs lapse 0.6 percent. Translation: Employers are effort more discover of their workers for less.

The fact is, the modify in unemployment beneath 9%, and the modify in U-6 today as well, is supported on more people no individual hunting for work, which effectuation they are no individual measured in the fag market.  Massive unemployment has absent on for well over threesome eld now, and at destined points, applying for jobless benefits ends for some, and apathy in applying for impact ends for others.

The inflation untruth surround street analysts contiue to push is no individual existence accepeted by the public, or by traders on the floor.  The uprise in oil, metals, food commodities, and fuel has null to do with speculation, but with the devaluing of the dollar, and its causation of inflation.

Wall street today is ignoring the employ sort life by dumping equities, the dollar, and instead buying tangible assets same oil, silver, and another commodities.  The uprise over $104 for lubricator and the move in grayness to $35.33 is intrinsically equal to the modify in the note to 76.31.