Submitted by Charles Hugh Smith from Of Two Minds
Another Reason for Stocks to Tank in 2012: Jobs
Though nobody seems to notice, stock prices are correlated to employment, which is trending down.
The Federal Reserve would have you believe that Monday morning ramp-and-camp and rumor-mill rallies in the last five minutes of trading are signs of a healthy Bull market. Or you can consider the reality of these charts. Not unsurprisingly, employment is correlated to the stock market. If lots of
No comments:
Post a Comment