The 30year at 3. 222 and today is jobs friday lets look at expectations forecasters say that the economy probably added 160,000 jobs last month. The Unemployment Rate is seen Holding Steady at 3. 5 the backdrop for this mornings report, stocks at record highs the dow closing within points of 29,000 yesterday, 28,956 apple was a big driver shares of the neck giant up more than 2 and its also adding to the gains this morning its up another 2. 20. Apple last trading at 311. 84. On a trillion and a half. Trillion and a half market cap. It was a broad rally, all 11 sectors of the s p 500 closed higher. Are we taking the under on the jobs i just feel like it would be the under on the jobs. Youve got the weird seasonal things that take place. The number was so blow out last time. It revised higher than months before that, too. It seems like eventually theres a regression or whatever you want to call it to the mean. Im hoping its good. 160,000. 160,000 is a lot. Trade continuing to be a huge s
Sal you take shootings if Punxsutawney Phil and i had taught us anything its that predicting the future can be a few tile and deborah hawk watchers but that doesnt mean we shouldnt try and the best way to know your future is to study your past and its wall streets past sins that now has many very concerned about our Economic Future you see back in mid september the new York Federal Reserve started handing out emergency overnight loans to the big banks starting up at a rate of 75000000000. 00 a day as well as handing out 3 different 30000000000. 14 day term loans to the banks as well well apparently these numbers they just werent big enough to cover the bank short term loan needs and according to wall street on parade after the demand for the 1st 14 day loan was more than double the 30000000000 that they had at the new York Observer the new york bad boosted the next term loans to 60000000000 and increased its overnight loans to 100000000000 wow. And just who is getting these loans is be
World were going to watch in the dark side of the times after a while and and i did not get a bill oh you did in the bedroom to spare thats a massive amount of money i mean tons of america be able or at home going you know i could use 500 but yeah give us 100 bucks i could use 50 bucks right now to help and here are these big banks getting billions billions from our Federal Reserve so we have money. But were giving it to big corporate banks some of them foreign banks and then some of them foreign banks even i mean this is really incredible according to the Research Done by wall street of. Bank we dont know this if this is true but they are the most likely candidate to burst leaving these funds d simply because theyve had a pretty brutal history over the. I mean theyve failed a recent merger theyve talked about laying off thousands of workers theyve run through. In the past. What are they we work. Very good. Top of the. Share price has lost 90 percent. In the last dozen years. So some t
Welcome on the watch in the. Times have a lot less and i did not get a bailout you did on the federal aircraft thats a massive amount of money i mean by the time the American People are at home going you know i could use 500 but yeah give us 100 bucks i could use 50 bucks right now to help and here are these big banks getting billions billions from our Federal Reserve so we have money. But were giving it to big corporate banks some of them foreign banks even if some of them foreign banks even i mean this is really incredible according to the Research Done by wall street on parade bank we dont know this if this is true but they are the most likely candidate to burst saving these funds d simply because theyve had a pretty brutal history over the last few years i mean theyve failed the recent merger attempts theyve talked about laying off 18000. 00 workers theyve run through. In the past. What are they we were. Very good. About but man. 3. 100 top of the. Share price has lost 90 percent o
Federal reserve can only get about these repo transactions as theyre called in wall street speak to just 24 banks and theyre the usual rogues gallery including j. P. Morgan chase bank of america as well as foreign banks Like Deutsche Bank and Credit Suisse now i know what youre thinking like why am i hacked to these massive banks like j. P. Morgan chase who holds more than 1. 6 trillion in the posits need billions in Short Term Loans if they are sitting on trillions well that my friends is a very good question and just who could seek and demand answers for questions like that in the United States congress for one but tragically theyre just too busy campaigning politicking grandstanding and what they do could could the real question is could we be at the doorstep of another 2007 style Great Recession or much much worse well we cant truly predict the future but we can start watching the hawks. As. They like you know that ive got. The. World were going to watch in the. Times after a while