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Posts Tagged ‘Chart’

Where Are We in the Unemployment Trend? – Historical Perspective

February 13, 2010 Leave a comment

“This time it’s different…”

Very often, the people who utter those words end up feeling quite stupid and having less money in their brokerage/IRA accounts than before. Usually it is because that when you go along with conventional wisdom and group think, you wind up in a very crowded trade with little room left to run. Today however, the conventional wisdom is that this time it’s not different and that we will proceed to have a strong jobless recovery. The jobless recovery phenomena may have worked in past recessions but A.) There are only so many times you can have a “jobless recovery” before it’s not an actual recovery as evidenced by the continued drop in real productivity and income per capita and B.) This is by no means a normal recession.

Take a look at the chart below, I hope it offers some valuable perspective and context (note that the data doesn’t even include numbers from 2008 and 2009) . This time, things may very well be different…

-MJB

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Chart View of the Germany and Greece Debt Bailout Rumor

February 9, 2010 Leave a comment

Pretty funny chart courtesy of ZeroHedge showing today’s price action on the ‘news’ of a rumor that Germany was going to bail Greece out of their sovereign debt problems.

The interesting thing to note here is that it would appear the market is still pricing in a decent probability of some form of assistance coming in, possibly from another country.

-MJB