IBM
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 […]
Mike: Good day. It was a busy day for layoff announcements, especially for a Friday. A couple of economic reports showed the state of the consumer Consumer Sentiment and Personal Income and Outlays , both of which showed some improvement. Mike: There are a great deal of daily layoffs, so if I have missed any […]