Stock Futures Fall After Jobs, Inflation Reports- AP Stock futures are falling ....

Discussion in 'Economy' started by Neubarth, Feb 18, 2010.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    Stock Futures Fall After Jobs, Inflation Reports- AP

    Stock futures are falling after new reports showed claims for unemployment benefits rose unexpectedly last week and inflation jumped more than expected in January.

    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
    I put enough pressure on Hilda Soliz to stop the outrageous lies that she had to finally try to post numbers close to reality. She still under reported, but it was a step towards the truth after a year of total dishonesty.

    The lies in the reporting are no longer so outrageous. Knowing that most states still observe Lincoln and Washington's birthdays individually, the numbers this week were DOWN. They will continue to be under-reported from the states that observe President's day when the numbers come out next week, so we will not know the whole story for two more weeks.

    The numbers are always under reported after holidays. Those state workers are not the most industrious about collecting the data when they have a day or two or three off.
     
  2. uscitizen
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    uscitizen Senior Member

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    Ahh yes inflation. The only way out of the recession?
     
  3. Neubarth
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    Neubarth At the Ballpark July 30th

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    SEASONALLY ADJUSTED DATA

    In the week ending Feb. 13, the advance figure for seasonally adjusted initial claims was 473,000, an increase of 31,000 from the previous week's revised figure of 442,000.


    UNADJUSTED DATA

    The advance number of actual initial claims under state programs, unadjusted, totaled 476,730 in the week ending Feb. 13
     
  4. editec
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    editec Mr. Forgot-it-All

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    No, but it may be the only way out of a DEFLATIONARY DEPRESSION, which is exactly what this economy is in right now.

    When are you people going to understand that inflation isn't the ONLY problem that an economy can have?
     
  5. pinqy
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    pinqy Gold Member

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    I note how you avoid mentioning that the unadjusted numbers went DOWN. I don't think I've ever seen you mention the fact when they go down. Yet it also seems that you shout when they go up. Perhaps it's my recollection. Or perhaps not.
     
  6. jillian
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    jillian Princess Supporting Member

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    That's because he's a professional prevaricator:

    News Headlines

    :cuckoo:
     
  7. uscitizen
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    uscitizen Senior Member

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    Yeah but $4/gal gas is not the way for a working person to survive/end a recession.
    But that is the mentality of our finiancial eggspurts.
     
  8. Paulie
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    Paulie Platinum Member

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    Inflation isn't the only problem, and no one has claimed that in this thread, have they?

    Nope. They didn't.

    But it most CERTAINLY isn't the fucking ANSWER.

    There's no jobs being added, Ed. How do you expect people to survive if prices go UP, and income stays stagnant or continues to decline?

    More funny money is not going to solve the problem. You should know better.
     
    Last edited: Feb 18, 2010
  9. eagleseven
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    eagleseven Quod Erat Demonstrandum

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  10. uscitizen
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    uscitizen Senior Member

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    that was a big part of the problem Average "real" wages were dropping for years. Not nearly enough jobs were being created. And energy and food costs were going thru the roof. All the while the Bushies said the economy was fine.
     

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