tag:blogger.com,1999:blog-6616959642391988608.post6183611034235304267..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: The August jobs report changes nothingScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6616959642391988608.post-2851449867007449432014-09-08T14:02:23.648-07:002014-09-08T14:02:23.648-07:00As Scott has predicted a few times and emphasized ...As Scott has predicted a few times and emphasized in early May, the EURO has fallen like a lead balloon from that recent high of 1.38+ to 1.29 today. Thank you, Scott!!Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-79158126094327724052014-09-07T06:31:37.887-07:002014-09-07T06:31:37.887-07:00I am surprised we are not getting better numbers b...I am surprised we are not getting better numbers before the elections!Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-54627296958036447912014-09-06T16:58:47.731-07:002014-09-06T16:58:47.731-07:00As always, great post---but employment growth rema...As always, great post---but employment growth remains feeble. <br />In the 1990s we had more-robust employment growth, but inflation remained moderate. The 1990s had the type of job growth the Fed should target---and all government. <br />Monetary asphyxiation will bring neither more growth or higher interest rates. When, in history, did interest rates stay in ZLB when a central bank printed lotsBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-82953800651496147932014-09-05T16:05:10.537-07:002014-09-05T16:05:10.537-07:00No doubt many in the market are feeling tired, if ...No doubt many in the market are feeling tired, if not very worried about a correction. One problem is that the Fed, with its zero interest rate policy, has not given anyone a place to rest. Resting on the sidelines pays next to nothing, so it has a significant opportunity cost. Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-54599307551901749842014-09-05T16:01:48.974-07:002014-09-05T16:01:48.974-07:00In spite of the 0.45% gain in the S&P 500 to a...In spite of the 0.45% gain in the S&P 500 to a record close of 2007.7, there were only 101 new highs made today and 31 new lows. The market is looking tired.Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.com