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wingood
Joined: 11 Jul 2007 Posts: 536
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Posted: Sat Nov 07, 2009 8:59 pm Post subject: |
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| USD carry trade? |
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touchring
Joined: 01 Jun 2005 Posts: 8689
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Posted: Sat Nov 07, 2009 7:52 pm Post subject: |
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| ascend88 wrote: | working where got time to play shares...
the more out of job....the more pple play shares....
hee hee.... |
This was what happened in China 2007 when shanghai went up to 6000 points, the china men were making much more money in stocks than their low pay jobs, everyone playing stocks in office. |
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ascend88
Joined: 06 Aug 2005 Posts: 13100
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Posted: Sat Nov 07, 2009 7:12 pm Post subject: |
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working where got time to play shares...
the more out of job....the more pple play shares....
hee hee.... |
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solomen
Joined: 06 Jun 2007 Posts: 2301
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Posted: Sat Nov 07, 2009 5:18 pm Post subject: |
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10.2% unemployed means 89.8% still got jobs.
put simply. 1 unemployed. 9 still working u know. where got no money/ simple maths. need to explain further.  |
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touchring
Joined: 01 Jun 2005 Posts: 8689
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Posted: Sat Nov 07, 2009 4:17 pm Post subject: |
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| rotiprata wrote: | It's very simple. With high unemployment Fed will keep zero interest rate. Banks can borrow unlimited amount of money from Fed at zero interest rate. Then banks will use the money to gamble in stocks & gold.
The longer Fed keep zero rate, the happier those banks are. So the party will last longer.
Banks don't care about high unemployment or small businesses don't get credit. They're more concern about making big money from the stock market, which is the best casino. |
This was the same argument when oil prices rose to $145 last year. i think at that time someone said it will rise to $200?  |
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garyngng
Joined: 28 Apr 2009 Posts: 226
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Posted: Sat Nov 07, 2009 4:10 pm Post subject: |
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Do they need to be employed if the markets keep going up??
I have 2 colleagues who just resigned to trade full time.
They are yelling everyday at DBS securities these days.
That's life! Go get yourself one. |
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Sharkula
Joined: 07 Feb 2009 Posts: 17516 Location: Between The Devil & the Deep Blue Sea
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Posted: Sat Nov 07, 2009 3:24 pm Post subject: |
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the richest 1% of the US population own half of US' wealth  |
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roger_roger
Joined: 29 Dec 2008 Posts: 277
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Posted: Sat Nov 07, 2009 3:22 pm Post subject: Re: U.S. jobless rate surges to 10.2%.Where have money buy s |
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| TammyNYP wrote: | Thnik about it.
Long queue no jobs.
Where have the money buy stocks.
All selling stocks. |
The ones buying the stocks aren't the ones without the jobs.....
"Thnik" about it  |
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SGD
Joined: 22 Oct 2006 Posts: 4295
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Posted: Sat Nov 07, 2009 2:44 pm Post subject: Re: U.S. jobless rate surges to 10.2%.Where have money buy s |
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| TammyNYP wrote: | Thnik about it.
Long queue no jobs.
Where have the money buy stocks.
All selling stocks. |
Think about it, they print so much money... where will the money go eventually
Cannot be go into poor man pocket... |
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coocoobond3
Joined: 02 Feb 2009 Posts: 3688
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Posted: Sat Nov 07, 2009 2:39 pm Post subject: |
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STI going to reach 5000 pts!!!
Dow jones reach 30,000 pts!  |
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