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FSN: Uh-Oh. Bad News Is No Longer Good News
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Rick Ackerman
RickAckerman.com
Aren’t stocks supposed to rally on “bad” payroll news? If so, the Dow should have soared Friday on word that our allegedly recovering economy generated a sickly 88,000 jobs in March. If that weren’t good/bad enough to inspire a psychotic buying spree on Wall Street, there was further news that a drop in the unemployment rate to 7.6% had been caused entirely by a huge exodus of workers from the job market. This stampede of the despairing pushed the labor participation rate to 63.3%, its lowest level since 1979, undermining whatever brazen claims the spinmeisters are making these days concerning the economy’s supposed vitality.
Continue Reading at RickAckerman.com…
2013-04-08 00:17:15
Source: http://silveristhenew.com/2013/04/07/uh-oh-bad-news-is-no-longer-good-news-2/
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