- Joined
- Jan 28, 2012
- Messages
- 16,386
- Reaction score
- 7,793
- Location
- Where I am now
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- Political Leaning
- Independent
The latest figures from the BLS show hiring's in August - the last month reported - are down over 300,000.
Job Openings and Labor Turnover Survey News Release
Plus, looking at the stock markets...the DOW is now up YTD (year to date) less then 2% (and is getting hammered so far today - down over 300), the Russell 2000 is down YTD about 7%. So the markets are stalling/retreating.
Hiring is down, markets are falling; why?
Easy (imo)...QE is ending and Europe and Japan are falling fast.
Like I have said many times, all this neo-Krynesian nonsense does is increase debt, make the rich richer and stagnate the economy in the end by getting it almost totally dependent on the government teat.
Job Openings and Labor Turnover Survey News Release
Plus, looking at the stock markets...the DOW is now up YTD (year to date) less then 2% (and is getting hammered so far today - down over 300), the Russell 2000 is down YTD about 7%. So the markets are stalling/retreating.
Hiring is down, markets are falling; why?
Easy (imo)...QE is ending and Europe and Japan are falling fast.
Like I have said many times, all this neo-Krynesian nonsense does is increase debt, make the rich richer and stagnate the economy in the end by getting it almost totally dependent on the government teat.