Slowly inching further and further downhill
100 million on food assistance
50 million food stamps
No power water filter
silver, gold, junk silver
Unemployment rates are sky high
Whopping 932,000 Americans Drop Out Of Labor Force In October; Participation Rate Drops To Fresh 35 Year Low
The only two charts that matter from today’s distroted nonfarm payrolls report.
First, the labor force participation rate, which plunged from 63.2% to 62.8% – the lowest since 1978!
Investors Pulled Billions Out Of US Stocks This Week
In the week ended November 6, investors pulled $1.8 billion out of global equity funds.
U.S. equity funds were hit the hardest, recording a whopping $7.5 billion in redemptions — and the majority of those outflows were from ETFs.
BofA Merrill Lynch chief investment strategist Michael Hartnett describes it as a “classic risk-off week,” pointing to “outflows from equities, cyclicals, HY bonds & EM debt vs flight to govie, IG bonds & money-markets.”
Read more: http://www.businessinsider.com/fund-flows-week-ended-november-6-2013-11#ixzz2k45rpaqW