Hey, according to the Fed numbers the economy is taking off!

Discussion in 'Economy' started by Neubarth, Oct 1, 2009.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    Oct 1 8:30 AM Personal Income Aug +0.2%
    Oct 1 8:30 AM Personal Spending Aug +1.3%
    Oct 1 8:30 AM Continuing Claims 09/19 6090K Down 120,000 from April.

    Damn, we gotta start celebrating! Yahooooooo!

    Celebrate for about a month if you feel led to do so. Then face reality ....................

    As I have been saying, do not trust the government manipulated numbers.
     
    Last edited: Oct 1, 2009
  2. rdean
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    rdean rddean

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  3. Neubarth
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    Neubarth At the Ballpark July 30th

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    VERY VIABLE INFORMATION THERE, RDEAN.

    Added to the tremendous increase in spending and personal income and the falloff of all those nare-do-wells who are out of employment, the US is rolling......
     
  4. JakeStarkey
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    JakeStarkey Diamond Member Supporting Member

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    To all lurkers and new readers ~ have fun and look up Neubarth's claims.
     
  5. Neubarth
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    Neubarth At the Ballpark July 30th

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    Indeed! Look them up. I am never wrong unless it is in predicting the outcome of football games. I was wrong once doing that. The QB did not play as well as I expected.

    When it comes to showing how the government manipulates the numbers to fool people into investing their life savings into the stock market when the market is not a sound investment, I feel a need to expose the chicanery. Having done so, I hope most of the people on the board have not been long the market in the past two weeks. I have made plenty of money lately by shorting the market. Hopefully others have, too.
     

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