16th week in a row initial claims topped 600,000
6th week in a row continuing claims topped 6,000,000 (and another new record)
IUR hits 5.0%
Early guess for May non-farm: -592,000
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May
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- GM Bankruptcy By Morning
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- JIM CRAMER KNOWS NOTHING, HE KNOWS NOTHING
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- *** BANK OF AMERICA NEEDS $33.9 BILLION ***
- Boy, Bailing Out The Auto Companies Was A Great Id...
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"The voyage of the best ship is a zigzag line of a hundred tacks. See the line from a sufficient distance, and it straightens itself to the average tendency. Your genuine action will explain itself, and will explain your other genuine actions. Your conformity explains nothing."
Ralph Waldo Emerson
Ralph Waldo Emerson
"We're all faced throughout our lives with agonizing decisions, moral choices. Some are on a grand scale, most of these choices are on lesser points. But we define ourselves by the choices we have made. We are, in fact, the sum total of our choices. Events unfold so unpredictably, so unfairly. Human happiness does not seem to have been included in the design of creation. It is only we, with our capacity to love, that give meaning to the indifferent universe. And yet, most human beings seem to have the ability to keep trying and even to find joy from simple things, like their family, their work, and from the hope that future generations might understand more."
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Zack de la Rocha
Zack de la Rocha
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Ralph Waldo Emerson
Ralph Waldo Emerson
2 comments:
Holy Schpincter! I do not even want to think of future VA loans defaulted on.
Well said, the data from Fannie & Freddie is painting a picture considerably worse than the stress test secnarios.
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