tag:blogger.com,1999:blog-6616959642391988608.post2715940419535238875..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Claims decline, but slow progress on the jobs frontScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6616959642391988608.post-26445786822172720772011-03-24T14:29:31.499-07:002011-03-24T14:29:31.499-07:00Correlation is not causation. Other things were ha...Correlation is not causation. Other things were happening in the period Rosenberg references that likely account for the drop in equities. The European sovereign debt scare was a big one. Plus, quite a few indicators of economic activity suggest the economy slowed down during that period, confirming fears at the time that the economy was entering a double-dip recession. The lags between monetary Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-87132205302195455662011-03-24T14:18:26.181-07:002011-03-24T14:18:26.181-07:00This is from an outfit named Wyatt Research. Worth...This is from an outfit named Wyatt Research. Worth mulling over. QE3 anyone?<br /><br />"There should be no doubt that QE2 liquidity has found a home in the stock market. It seems inevitable that some kind of correction for stock prices will occur, assuming, of course, that the Fed doesn't signal that QE3 is right around the corner.<br />David Rosenberg, of Gluskin Sheff says we've Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-57656884924935147782011-03-24T11:20:04.702-07:002011-03-24T11:20:04.702-07:00Plus... the 52 week moving average of non seasonal...Plus... the 52 week moving average of non seasonally adjusted jobless claims is now at its lowest level<br />since January 17,2009....broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-71881072271788384772011-03-24T10:36:40.661-07:002011-03-24T10:36:40.661-07:00California's 52 week moving average
of non sea...California's 52 week moving average<br />of non seasonally adjusted jobless claims continues its decline (slowly)...lowest level since July <br />2009...broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-13139129238901712342011-03-24T10:07:07.782-07:002011-03-24T10:07:07.782-07:00I wish there was some more strength in these numbe...I wish there was some more strength in these numbers. The oil situation is not helpful, but mostly I sense Americans lost their confidence in the Bush years and never got it back. That may be Obama's fault, or it just may reflect the times.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com