Thursday, July 03, 2014

Economy

Supposedly good jobs report pushes Dow bubble to new record over 17,000.
"The U.S. economy added 288,000 jobs in June, racing past the 212,000 that economists had expected. The U.S. unemployment rate fell to 6.1 percent, the lowest since September 2008, confirming expectations that the economy bounced back in the second quarter after a dismal start to the year. "
The bust is coming. Even the New York Times says the stock rally outpaces the economy.

The reality is a record number of Americans are not working.

Barbecue inflation produces record prices.

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