2013 begins..."the "unemployment" rate notched UP to 7.9%. Employment saw little or no change re: manufacturing, business and professional services, financial activities, government. Transportation and warehousing sector down."
Seems the govt always Finds the #s to support 'like' they find ballots which determines the outcome of said[D]election in a basement or trunks of cars.
Eventually Americans won't 'feel the magic' when a white dove flies out of the govt.magician's sleeve after knowing it has been completely dehydrated, kept in small space, then re-hydrated, flying back to life need be but confused.
"The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus." [Trillion dollar deficits yr aft yr]
"The economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles." Source
I know only ONE thing regarding stocks::
IN 1997, when I left the Tandy repair job—I had some of their stock. 35 shares..Over the nexst 3 years...it split THREE times—and in late 2000..it topped 10k in value!! I thought it would ALWAYS be “great”. but, sometime near Christmas...SOMEONE who came into the repair shop I was workng at then..convinced me to “roll that stock into Oracle”. Fr SOME reason...I just accepted his word, without much questions—and did so. Not long after that...the market tumbled..That Tandy stock TANKED...and it NEVER came back. oracle DID. I got 281 shares of it from the Tandy stock—and sold 50 last year for a “need for property taxes”.
Move forward to today...I still have the 231 shares of Oracle. It is worth almost 8000. had I kept with Tandy—that 140 shares is now worth a little over 4 HUNDRED!!
I never even really knew this guys name. But...he did me a HUGE favor!!