Comments on: Will High Unemployment Strangle the Recovery? http://moneymorning.com/2009/10/20/unemployment-recovery/ Global Investment News Mon, 13 Feb 2012 18:41:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Retailing Stocks and Stats Suggest the U.S. Stock Market Rally is For Real http://moneymorning.com/2009/10/20/unemployment-recovery/comment-page-1/#comment-8536 Retailing Stocks and Stats Suggest the U.S. Stock Market Rally is For Real Wed, 09 Dec 2009 05:49:13 +0000 http://www.moneymorning.com/?p=9504#comment-8536 [...] can that happen with employment trends so rotten? Well, maybe they’re not so rotten. Data continues to show improvement, with temp employment [...] [...] can that happen with employment trends so rotten? Well, maybe they're not so rotten. Data continues to show improvement, with temp employment [...]

]]> By: Don Fishgrab http://moneymorning.com/2009/10/20/unemployment-recovery/comment-page-1/#comment-7913 Don Fishgrab Wed, 21 Oct 2009 01:48:23 +0000 http://www.moneymorning.com/?p=9504#comment-7913 The present recovery claims are based on profits from cost cutting, and reduction of inventory, not from increased production or sales. They are not going to produce sustained profits. Most of the increased sales are a result of temporary incentive programs. They will only result in reduced future sales, as people bought earlier than they would have otherwise done. These apparent improvements have led to a insupportable runup of stock prices. While it may continue for a while, I expect a major downturn of financials to match the real economy rather than the illusion we are presently seeing. The present recovery claims are based on profits from cost cutting, and reduction of inventory, not from increased production or sales. They are not going to produce sustained profits. Most of the increased sales are a result of temporary incentive programs. They will only result in reduced future sales, as people bought earlier than they would have otherwise done.

These apparent improvements have led to a insupportable runup of stock prices. While it may continue for a while, I expect a major downturn of financials to match the real economy rather than the illusion we are presently seeing.

]]> By: pete http://moneymorning.com/2009/10/20/unemployment-recovery/comment-page-1/#comment-7911 pete Tue, 20 Oct 2009 18:51:54 +0000 http://www.moneymorning.com/?p=9504#comment-7911 California Unemployment Trends - August 2009 California Unemployment Trends Visualized as a Heat Map: California Unemployment in August 2009 (BLS data) http://www.localetrends.com/st/ca_california_unemployment.php?MAP_TYPE=curr_ue versus California Unemployment Levels 1 year ago http://www.localetrends.com/st/ca_california_unemployment.php?MAP_TYPE=m12_ue California Unemployment Trends – August 2009

California Unemployment Trends Visualized as a Heat Map:
California Unemployment in August 2009 (BLS data)
http://www.localetrends.com/st/ca_california_unemployment.php?MAP_TYPE=curr_ue

versus California Unemployment Levels 1 year ago
http://www.localetrends.com/st/ca_california_unemployment.php?MAP_TYPE=m12_ue

]]> By: jh443 http://moneymorning.com/2009/10/20/unemployment-recovery/comment-page-1/#comment-7912 jh443 Tue, 20 Oct 2009 09:53:01 +0000 http://www.moneymorning.com/?p=9504#comment-7912 Yes, GDP will be constrained. But this fact apparently is missed by economists. While I don't have the facts, I suspect that GGP (Gross Global Production) is at an all time high. If a corporation is making money, what does it care what the people of this country are having to suffer through? As long as they can sell their product SOMEWHERE in the world, they're not even interested in us as customers. As long as the government does not address the balance of trade (which is heavily toward the import side), this country will never recover. Yes, GDP will be constrained. But this fact apparently is missed by economists. While I don't have the facts, I suspect that GGP (Gross Global Production) is at an all time high. If a corporation is making money, what does it care what the people of this country are having to suffer through? As long as they can sell their product SOMEWHERE in the world, they're not even interested in us as customers.

As long as the government does not address the balance of trade (which is heavily toward the import side), this country will never recover.

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