i knew this jobs report would be strong .... US is growing around 3%, it's laughable that they are keeping rates at 0% for so long -- but that is good for the stock market and the multi national corps who benefit from the extremely low rates ... even raising it 0.25 a few times is still nothing in the scheme of things (although the market isn't used to that for some time now)
the estimates of Steve Liesman and other economists on CNBC laughably wrong as usual -- economists usually fail at predicting things going forward, they just tend to use conservative estimates based on recent inputs
same thing with that one retail sales estimate of 11% decline that came out a week or two ago ... that one was laughably wrong/low (when you take into account online and total sales)
Submitted December 05, 2014 at 08:42AM by rufusjonz http://ift.tt/1z1F6Cx
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