Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Market's up! The sky is the limit! Invest your life savings and...

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
 
rfranklin Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-03-06 10:50 AM
Original message
Market's up! The sky is the limit! Invest your life savings and...
become a millionaire! Is this great or what? I guess Wall Street was buoyed by the following--

Factory activity eases in March
Mon Apr 3, 2006 10:34 AM ET

NEW YORK (Reuters) - U.S. factory activity ran at a three-month low in March, as new orders fell and a gauge of inflation showed a pick-up, according to a survey on Monday.

The Institute for Supply Management said its index of national factory activity fell to 55.2 in March from 56.7 in February, falling short of economists' forecasts for a rise to 57.9.

Regional manufacturing surveys have painted a more optimistic picture of the factory sector, so although the drop in the ISM index did catch some economists off-guard, it did not point to the start of a prolonged slowdown.

http://today.reuters.com/business/newsarticle.aspx?type=ousiv&storyID=2006-04-03T143528Z_01_N03342656_RTRIDST_0_BUSINESSPRO-ECONOMY-MANUFACTURING-DC.XML

Printer Friendly | Permalink |  | Top
DUHandle Donating Member (580 posts) Send PM | Profile | Ignore Mon Apr-03-06 10:51 AM
Response to Original message
1. Don't beat yourself
over the change in the ISM.
Printer Friendly | Permalink |  | Top
 
IsItJustMe Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-03-06 10:55 AM
Response to Original message
2. I never could figure out Wall Street. Unemployment goes up, and so does
the market. It seems to be that Wall Street has no positive correlation with main street.
Printer Friendly | Permalink |  | Top
 
BlueEyedSon Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-03-06 10:56 AM
Response to Reply #2
3. More unemployed = cheaper labor = more profit margin
Printer Friendly | Permalink |  | Top
 
gratuitous Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-03-06 10:57 AM
Response to Reply #2
4. Let me help you figure it out
Now, see, I've got three cards here. Your goal is to find the red queen. I'll put the three cards down here on the box. Now, watch carefully as I move the cards around and around. Okay. Tell me which one of them is the red queen.

Ooooh, bad luck. Want to try again? Just another $20.
Printer Friendly | Permalink |  | Top
 
LouisianaLiberal Donating Member (848 posts) Send PM | Profile | Ignore Mon Apr-03-06 11:04 AM
Response to Reply #4
5. LOL.
Yes, the game is rigged, and three-card monte is a great analogy.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Dec 26th 2024, 04:23 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC