Here’s a quickie from Tech Ticker that presents a very sobering view on how persistent a 10% plus unemployment rate could be according to Michael “Mish” Shedlock… Source: Mish: Nov Jobs Report Looked Fabricated (Yahoo)
Tech Ticker
Hot Links: Don't Let Ballmer See Your iPhone, Boy
Stuff I’m Reading this Morning… China Strong, Dollar Weak. Stocks Likey. Keep walking, nothing new to see here. (Bloomberg) Mish says, “Yes, it is a Depression.” (GlobalEconTrendAnalysis) The Notorious B.I.G. sees a bullish reverse head and shoulders pattern in the chart of front-month gold prices. (Bespoke) Veteran Buffett-watcher Jeff Matthews on what the Oracle’s recent…
Droppin' Knowledge: Howard Davidowitz Unleashed!
[vodpod id=ExternalVideo.865317&w=425&h=350&fv=] Something about Howard Davidowitz gets me pumped! Even when the subject he’s pontificating on is universally negative, such as the prospects for most retailers and consumers this year. In the above video from Yahoo‘s Tech Ticker, the retail industry maven keeps it real and confesses his utter shock at the disconnect between consumer/…
