Down goes the Dow

Actually that's a lot like what was in the article. One difference is he mentioned 20 years while the article mentions only 10. But since his subsequent posts use 10 years, I assume the 20 was a typo.

It clearly corresponds to the part of the article he highlighted earlier. Cherry picking? Yes, but it's definitely there. There is no twisting.

Try,

Weak.

Of course you never offer anything but nitpicking criticism.

Can you show me one of your posts with any substance?

Igy

one more piece of econ - a job creation index. Amazing that so many people think the economy is in the tank.

I'll quote Bberg:

Highlights

U.S. workers' reports of hiring activity at their place of employment are the most positive in Gallup's eight-year trend. Forty-four percent of workers in May said their employer is hiring workers and expanding the size of its workforce, while 11 percent said their employer is letting workers go and cutting the number of jobs. The resulting plus 33 Job Creation Index score is the highest monthly average to date.

Net Worth Theranos CEO

2015 $4.5Billion

2016 $0

I offered no criticism.

Try to keep up

Weak.

No posts of substance.

Ghost of Igloi wrote:

Weak.

No posts of substance.

Oh, the irony!

Irony,

I will debate any market topic.

You won't because you can't.

Weak.

Igy

Ghost of Igloi wrote:

Irony,

I will debate any market topic.

You won't because you can't.

Weak.

Igy

OH, the irony! Again!

U.S. stock futures indicated a cautious start for Wall Street on Thursday as investors closely followed an important meeting of oil producers and awaited an employment report ahead of Friday's big U.S. jobs data.

Meanwhile, the European Central Bank left key interest rates unchanged and Mario Draghi, ECB president, will host a news conference at 8:30 a.m. Eastern Time.

Stock futures held steady after the ECB's announcement, with futures for the Dow Jones Industrial Average off 22 points, or 0.1%, to 17,758, while those for the S&P 500 index eased 2.90, or 0.1%, to 2,095. Nasdaq-100 futures fell 5.75 points to 4,515.75.

Wall Street kicked off the month of June with meager gains, after a batch of data showed the economy was plodding along. The S&P 500 index finished with a mere 0.1% gain, to close at 2,099.33.

Investors are watching for news from the Organization of the Petroleum Exporting Countries's meeting in Vienna, which got under way Thursday morning. In the opening address, Qatar's oil minister Mohammed Bin Saleh al-Sada said the 13-member cartel expects a sharp drop. Saudi Arabia is considering backing a ceiling on production, in closed-door talks ahead of the meeting itself, reports said Wednesday.

man this is a sleepy stock market.

Econ - more good news for labor. This has to be good for the democrats.

layoff announcements at lowest levels in at least 5 years

ADP jobs: lower end of recent #s but historically strong

jobless claims: upper end of recent #s but historically low

good jobs index: improving, best May in at least 6 years

consumer comfort index: jumped. Not sure how rates historically

Why do you call your Mom 'Dow' when she gets amorous with a fellow?

Why do you call your Mom 'Dow' when she gets amorous with a fellow?

Mark Meeker, IPhone sales have peaked....

http://www.businessinsider.com/mary-meeker-apple-iphone-amazon-echo-2016-6

Igy

Bill Gross on the past 40 years of stock and bond market returns: "You have a better chance of observing another era like the previous 40-year one on the planet Mars than you do here on good old Earth."

https://www.janus.com/bill-gross-investment-outlook

Igy

There si a saying about people's opinions. I think it is most appropriate with regards to the markets.

J,

And there is a saying about opinions offered by the clueless.

Igy

Ghost of Igloi wrote:

J,

And there is a saying about opinions offered by the clueless.

Igy

Agreed!

U.S. stocks declined Friday after government data showed the economy created just 38,000 jobs last month, the weakest level of hiring in six years.  The weak jobs report is likely to prompt the Federal Reserve to delay rate increases this month, according to analysts.

The S&P 500 index retreated from its 7-month high, notched on Wednesday. The index was down 16 points, or 0.8% at 2,089 and on track to finish the week lower. Financial stocks fell sharply with the exchange-traded Financial Select Sector ETF (XLF) slumping 1.6%. Lower rates can impede banks\' ability to generate profits.  Consumer discretionary stocks were also sharply lower, with the sector trading down 1.8%.

Meanwhile, U.S. Treasurys, which are also sensitive to shifts in rate-hike expectations, saw their prices soar, pushing yields sharply lower as doubts about the vigor of the economy and a possible delay in rate hikes sparked buying appetite for the safety of government bonds. The benchmark 10-year Treasury yield fell 8 basis points to 1.70%.

"This jobs report is truly disappointing even after accounting for Verizon strikes. It gives a lot of ammunition for the Fed to wait longer before raising rate and certainly puts in doubt a rate hike in June," said Quincy Krosby, market strategist at Prudential Financial.  "So far, the market is taking the bad news as bad news. More importantly we will see if Janet Yellen sees it as bad news," Krosby said.

Federal Reserve Chair Janet Yellen is scheduled to give a speech to the World Affairs Council of Philadelphia on Monday.  Kristina Hooper, U.S. investment strategist for Allianz Global Investors, said she would write off a June rate hike completely just yet.  "Odds of a June rate hike diminished but the Fed might still do something less conventional, like a smaller, 12.5 basis point increase," she said.