Unemployment data ready to reveal economy stronger than many thinks but a major recession is eminent
Sam Adelton
Dec. 8, 2006

The unemployment data will be surprisingly strong because of early Thanksgiving and late survey of last month. The real estate gloom is spreading fast in the labor market but this report will show stronger job growth than the consensus.

Longer term however, a recession in US will drag the world economies especially the Euro Zone and Asia into a deflationary depression for many years.

US economy starting next year will perform actually well than many other economies. The worldwide deflation will cause gold to correct in a steep decline. The worst hit will be stock markets all over the world. The real estate markets in every part of the world will also suffer.

Unemployment data ready to reveal economy stronger than many thinks but a major recession is eminent
Sam Adelton
The unemployment data will be surprisingly strong because of early Thanksgiving and late survey of last month. The real estate gloom is spreading fast in the labor market but this report will show stronger job growth than the consensus.
READ MORE>>

European Central Bank President Jean-Claude Trichet signaled he's in no rush to boost interest rates – bullish for dollar?
Preity Gallop
ECB feels the rates are low enough to help dollar recover grounds and Euro Zone to keep growing. At the same time ECB is in no hurry to raise rates as US economy have started to slow down.
READ MORE>>

Initial claims will fall by a massive 37,000 led by the service sector growth – bullish for dollar bearish for bonds and an opportunity to short stocks
Alan Hershey
The stock market is peaking for the last two months will lower momentum, lower VIX and higher insider sales.
READ MORE>>

Insider stock sales surges to highest since 1987 stock market crash – Dow can tumble 2000 points in a month
Fred Day
If history will repeat, the Dow can be in the 7500 area by early 2008. The bear market will probably start in the first or second quarter in 2007.
READ MORE>>

Strength in US Service sector growth and weakness in Manufacturing - bullish for dollar and bearish for gold, oil and other metals
Sam Adelton
Iraq problem will have a political solution fast. US budget deficit and trade deficit will shrink like never before. The gold will retest the $400 an ounce. The oil will back down to $40 a barrel.
READ MORE>>

Richest 2% of adults in the world own more than half of global household wealth : World Institute for Development Economics Research of the United Nations University
Media Release
The richest 2% of adults in the world own more than half of global household wealth according to a path-breaking study released today by the Helsinki-based World Institute for Development Economics Research of the United Nations University (UNU WIDER).
READ MORE>>

Another sign of bullish US Dolllar - Australia's economy grew at its slowest pace in three years as business spending dropped
Fred Day
Australia is suffering the worst drought and a slow growth due to slow business spending. The Aussie dollar will take a beating because of the lower growth and hence lower prospects of rates in Australia. It is bullish for dollar index.
READ MORE>>

The bond market acting like late 2000, Fed is in the mood of denial and dollar ready to explode while stocks enter the massive bear market
Peter Oberois
The stubborn Fed will make the dollar rally as US economy though weak start faring far better than the rest of the world.
READ MORE>>

MORE ARTICLES >>