COBRA
Mike: I hope you all had an enjoyable weekend. Sorry about the crunching style of the post, but Google Chrome keeps working poorly of late and Firefox seems to eliminate line spacing. One of these days a browser will work as expected. – As it turns out the day was relatively light for layoff announcements. […]
Mike: A tragic ending to the week as people were killed in a Binghamton, NY hostage taking. The day started on a sour note with the unemployment rate spiking to 8.5% and the day ends with the horrifying death of many innocents. Hopefully next week brings a period of good news. Till Monday….. In the […]
Mike: Today brought us increasing unemployment claims and record continuing claims, but improved factory orders. Consumer loan delinquencies increased, but accounting rules were changed to protect banks and other financial institutions. As a result, the stock market shot higher, but hundreds of thousands lost their jobs. It wasn’t be a few months ago that increased […]