Trade the Cycles

Saturday, January 19, 2008

"Job Data Passes Threshold Where Recessions Dwell"

"Job Data Passes Threshold Where Recessions Dwell," see http://www.nytimes.com/2008/01/19/business/19charts.html.

Here's one paragraph from the article:

"The Labor Department reported that in December some 7,655,000 people were unemployed, meaning they were both without a job and looking for one. That figure was 13.2 percent higher than the 6,760,000 figure in the previous December. In the past, a 13 percent annual rise has been the sign of a recession every time."

The deflationary major economic downcycle is a major negative for most commodities, which have entered, or soon will, a Cyclical Bear Market.

....... http://www.JoeFRocks.com/ .

0 Comments:

Post a Comment

<< Home