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Companies love misery

“Dow up on optimism tepid jobs report keeps Fed stimulus going”
— headline, CNBC, today

In other words, a lousy labor market is good QE-bait.

Like I said before.

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This entry was posted on 22 October 2013 at 2:25 pm and is filed under federal reserve, labor market, monetary policy, stock market, unemployment. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Companies love misery”

  1. Mark E. Says:
    22 October 2013 at 3:47 pm | Reply

    How about we center our approach on reducing unemployment and let the chips fly where they may? Eventually, we will have to try a different approach and I think the labor market needs more attention.

  2. democommie Says:
    23 October 2013 at 9:05 am | Reply

    @Mark E.:

    The best way to reduce unemployment is to build fences along our borders and “repatriate” alla them darksome illegals back to whatever 3rd world hellhole they were spawned from. We’ll repatriate’ em right after they get finished building the fences, the contracts for which will be let to Wackenhut and Xe.

    What difference does it make, anyway? The entire world is going bankrupt because of OBUMMERCARE!! 11tyONe!!!

    Oh, it’s not? Nevermind.

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