Quote:
Originally Posted by Cowperson
Unemployment is typically the last significant lagging indicator that will turn positive as a recession is ending . . . . .
The stock market will have taken off to the upside, the economy will have turned to positive growth and somewhere far down the road after that, unemployment will flatten out and finally start declining as job growth begins to resume.
EDIT: Interesting to see that America will soon see an historic shift . . . . . for the first time ever, women will outnumber men in the work force.
http://www.azcentral.com/news/articl...-work0903.html
Cowperson |
There is no question that unemployment is a lagging indicator and of little value in predicting where the stock markets will go...that is a position I've put on the board here a number of times. This Friday is interesting though. While its a lagging indicator if the number is worse than expected it also indicates that markets have gotten ahead of themselves...if you catch my drift here?