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  Market is tanking even more due to unemployment rate
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David Hanscom  
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 More options Jul 3, 12:12 pm
From: David Hanscom <dhans...@gmail.com>
Date: Fri, 3 Jul 2009 09:12:30 -0700 (PDT)
Local: Fri, Jul 3 2009 12:12 pm
Subject: Re: Market is tanking even more due to unemployment rate
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In what world is 10% unemployment considered a depression benchmark?
The Great Depression saw over 25% unemployment. Everyone has been
expecting 10% for months now and the numbers have been moving down
incrementally for the last few months. Additionally, the original
report numbers will be revised several times into next year before we
know what the numbers for the last month really were. I think the
green shoots of recent months may turn out to be rose bushes but using
the words of an investment advertisement as the basis for your
investing strategies seems quite reckless and lazy.

Dave

On Jul 3, 8:25 am, chleoku <chle...@gmail.com> wrote:


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