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Re: European bonds

By: DigSpace in ALEA | Recommend this post (0)
Fri, 07 Sep 12 3:10 AM | 78 view(s)
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Msg. 09820 of 54959
(This msg. is a reply to 09818 by Cactus Flower)

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There is the jobs report in the morning ... the ADP report (the payroll processing thingy, not really a report) was far more bullish than expected. I don't not the relative rates/reporting periods and so on, but as memory serves while when asked about the economy, jobs, and 'better off' people are pretty grumpy, other indicator's are more in line with the fear factor receding.

My understanding from people who provide day care services and who provide child enrichment services (say piano lessons e.g.) are that both only very recently becoming rather swamped. These are not things unemployed parents avail themselves of. That's my Peter Lynch notion for current economic direction.

Who know's.


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The above is a reply to the following message:
European bonds
By: Cactus Flower
in ALEA
Fri, 07 Sep 12 2:33 AM
Msg. 09818 of 54959

The primary uncertainty in global business for the last few years concerned the survival of the Euro.

Now that the ECB plans to buy gobs of bonds, that is no longer in doubt.

I think this may be where the economy turns the corner and global businesses begin to invest in the future.

More than any speech, it is economic recovery which can change this election. Late in the day, of course.


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