tag:blogger.com,1999:blog-6616959642391988608.post5923459378490244790..comments2024-03-19T02:45:37.685-07:00Comments on Calafia Beach Pundit: Unemployment claims and equity pricesScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6616959642391988608.post-57690846883035319762011-02-24T08:03:27.919-08:002011-02-24T08:03:27.919-08:00gaguy1967 is spot on and it absolutely means the n...gaguy1967 is spot on and it absolutely means the next central bank mistake is waiting just around the corner.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-92089165585632478872011-02-24T04:15:22.825-08:002011-02-24T04:15:22.825-08:00Theyre all functions of monetary policy:
Unemploy...Theyre all functions of monetary policy:<br /><br />Unemployment claims<br />Share prices<br />Commodity prices.<br /><br />The idea that unemployment claims are immune from easy money and thus anything that correlates with unemployment claims is also not a function of easy money is absurd. If this is true, then youve just proven that monetary policy isnt a macroeconomic tool. There should be a BamBamFunkhouserhttps://www.blogger.com/profile/16259775902360799920noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-91335721881327149042011-02-23T18:30:32.094-08:002011-02-23T18:30:32.094-08:00in fact this is the best indicator to buy a market...in fact this is the best indicator to buy a market bottom in the middle of a recession.<br /><br />Of course long term correlation is low, but in fear times, correlation is very high. A downtick in initial claims is a catalyst for a market upside movement.Anonymousnoreply@blogger.com