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Senior Contributor

OptionEye....Nov 2nd

All waiting for the jobs number and pontificating on what that could or would do to the election.

 

I think the country has basically made up its mind and a jobs number that is not a real shocker either way probably won't sway anyone significantly one way or another.

 

Oil is off and so is gold. Stocks are sideways waiting with baited breath. Interest rates are on hold waiting for the result of the election and then the fiscal cliff. Volumes are way down as most cash sits on the sidelines. Nobody really has a good answer.

 

I guess only time will tell.

 

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6 Replies
Veteran Advisor

Re: OptionEye....Nov 2nd

Can either of these two keep us from going over the finacial cliff?

 

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Veteran Advisor

Re: OptionEye....Nov 2nd

We witnessed the cliff in the fall of 07  & 08 or was it the abyss  --- infuse more zero's on the end of the the to big to fail banks asset list and keep on plodding along --- Japan central bank has new "anti-deflation" policies being discussed according to Asia news on PBS which one could find a little startling --- 

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Senior Advisor

Re: OptionEye....Nov 2nd

Sounds like the labor department uses the same methodology as the USDA........fling pooh at the wall......hope it sticks and revise it three times and call it good......and still be out of touch......

Everything seems fine...........course with the participation rate.......unemplyment is where.......11 plus..........

 

Jobs and unemployment are almost exactly where they were when bobblehead took office almost 4 years ago............

 

Not much has changed...........well alittle, our debt..........

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Senior Contributor

Re: OptionEye....Nov 2nd

Wars cost money, lots of it.  We (Bush) borrowed to pay for them.  Debt goes up.   Current wars will end, unless Willard gets elected.  Debt will go down.  Willard is not so stupid as to engage in another war, at least I hope not.  DEBT WILL GO DOWN UNDER EITHER CANDIDATE.  Obfuscation by Hannity, Limbaugh and Beck nothwithstanding.   

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Honored Advisor

Re: OptionEye....Nov 2nd

History says it will not go down.

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Veteran Contributor

Re: OptionEye....Nov 2nd

Obummer had 3 + years to end the current war, yet Afghanistan is still ongoing and as costly as ever.  Why is it that Democrats are against war unless its the Democrat president continuing it?  The debt continues to go up, doubt that will change no matter who is in office

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