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I expect nothing but happy economic news till December 26th.

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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-07-09 07:58 AM
Original message
I expect nothing but happy economic news till December 26th.
So I'm not going to bother on posting on economic issues till the New Year.
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pampango Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-07-09 08:03 AM
Response to Original message
1. That's not what happened before Christmas last year, but I hope you're right. We sure don't need a
redux of December 2008 that's for sure. :)
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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-07-09 08:05 AM
Response to Reply #1
2. Actually in hindsite
Edited on Mon Dec-07-09 08:06 AM by AllentownJake
What was being said in December of 2008 was optimistic, the unemployment projection was 8% for this time last year.

I had to go to Wal-Mart last night for a friend (car light blew out). Let me say, I'm not holding my breath.
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pampango Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-07-09 08:13 AM
Response to Reply #2
3. I wouldn't call the economic news last December "optimistic", just insufficiently pessimistic. n/t
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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-07-09 08:17 AM
Response to Reply #3
4. Needless to say
Edited on Mon Dec-07-09 08:17 AM by AllentownJake
I'm going to head to a Target, a Macy's and Wal-Mart this Saturday at different times during the day, and I'll be able to determine what is going to be said on December 26th.

Lot of good report headlines, till you start drilling down into the data.
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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-07-09 09:52 AM
Response to Reply #3
5. Actually thinking about that spin I prefer non-reality based prediction.
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