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A Stock Trader Thread

Discussion in 'The Lounge' started by The Hammer, Apr 17, 2013.

  1. Alex1939

    Alex1939 As old as Titan. Tip Jar Donor

    Joined:
    Sep 12, 2006
    Messages:
    15,693
    Is the collapse imminent? Looks like a new war with Syria is about to begin. QE will be ending which will raise rates and likely lower the market. True unemployment is estimated at 15%. The recovery has been said to have only benefited the top 5% of earners with the lower 95% seeing no change in lifestyle since the recession. Basic goods are way up in price. Housing prices are up while home sales are way down.

    Or are all the doomsayers wrong? There are a lot of them and long standing piece of market advice is not to follow the herd. Is the market now tied in so much more globally that what happens domestically is not as important? Are companies now prepared and more immune to crisis created by wars, government intervention, and a lower standard of living for the average American?
    #21
  2. The Hammer

    The Hammer Out for a rip

    Joined:
    Oct 3, 2012
    Messages:
    15,491
    Some interesting comments. The unemployment, true unemployment number, is good. Too often people do not realize that the numbers often given as the unemployment number only reflects job-seekers. Also, I read that the number 2 employer now is temp agencies. Which has to be disheartening.

    http://frontpagemag.com/2013/dgreenfield/americas-second-largest-employer-is-a-temp-agency/

    We have an odd situation here. There are a lot of people out of work while at the same time there are a lot of jobs which are going unfilled because of lack of qualified people. There is a massive skills gap between what skills people have and what skills are required for many jobs.
    #22
  3. Finnegan2win

    Finnegan2win hopesfall2win

    Joined:
    Apr 4, 2009
    Messages:
    8,822
    No Hammer, employers just aren't willing to train anymore so they set their "qualifications" astronomically high and then whine that they can't fill positions, and then use that excuse to underpay desperate contract workers.
    #23
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