Friday, November 6, 2009

Stress Test & Unemployment Rate

Well the Unemployment Rate hit 10.2% today. It is no surprise that the previous month #'s continues to be revised upward. What is surprising is no one is talking about the stress test from this past spring. Look at the chart below. LINK to the large chart.





Yet you have Bove Foresees Bank Stocks Doubling on Earnings Growth

I guess he is betting on a destruction of our currency.
Posted by Anonymous at 10:09 AM

1 comment:

  1. CountNovember 7, 2009 at 6:43 AM

    Haha, I cannot help but be entertained by all of this. These bankers and economists who are referred to as "experts" continue to be wrong at every turn and underestimate the magnitude of our problems, maybe on purpose.

    Thanks Matty Baby, I forgot about this aspect of the stress test.

    ReplyDelete

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