Welcome to the Vitus Capital Blog!
Notes to myself, possibly of interest to others.
-- Bill Northlich

Thursday, July 30, 2009

jobs vs. the economy vs. jobs...

...it will take another 4-5 months before jobless claims break decisively below the 500k threshold, the point at which we should start to see employment stabilize or perhaps even begin to expand (though not likely enough to prevent the unemployment rate from making new highs).

---Rosenberg, 7.30.09

So there, Siegel!

No comments:

Post a Comment