The Census is a decennial survey mandated by the U.S. Constitution and has been conducted accordingly every 10 years since 1790. The last census was in 2000 and showed up in the jobs numbers as a couple hundred thousand jobs between March 2000 and May 2000, only for them to disappear in June. It will temporary show up under the employment numbers as big gains only to be pulled away as fast as they came within the next three months. I’m sure the Wall Street Hype-sters will reflect on the booming recovery and finally jobs has caught up. Oh and by the way, make sure you get your money into their stocks and bonds as fast as possible not to miss out on this recovery. It is obvious to them that the 68% rally in the S&P500 is just the starting point and we should expect another huge run up. The interesting point is insider sales of corporate stock are at all time highs right now. Why don’t the insiders (the CEO’s, CFO’s, Vice Presidents,….) believe in the recovery and are thus selling their own company stock at some of the fastest levels in recorded history? Maybe because they see the writing on the wall for their own company stock and are getting out while the getting is good. CommentsLeave a Reply | FREE SUBSCRIPTION!Receive Emailed Articles as they are Posted. Click Below on RSS Feed!Jason's Thoughts!My goal is to use this format to bring important and timely ideas to the surface on recent events which I feel will affect all of us financially. ArchivesFebruary 2012 Categories |
RSS Feed