10/05/2004

MARKETS: Those of you who tracked Johnson's recs yesterday see how good he is. The volume in the stock market is very good but another Bush debacle will probably shoot it down.

The JOBS numbers on Friday are very important. Keep in mind that Bush will know the numbers before the debate because both the Fed and the White House have them early. This could shape the debate and the election. I saw some blogger claim to have secret info on the numbers. He is a liar. Nobody has ever had the Jobs numbers early. Ever.

The Jobless and first time claims that come out on Thursday will include all the hurricane victims and can't be taken as a serious stat.

We're going to have an interesting week. If Bush does something besides stick his head up his ass AND we have a big Jobs number the market could explode.

No comments: