Jump to content



Photo

This Time It's Different


  • Please log in to reply
2 replies to this topic

#1 kssmibotm

kssmibotm

    Member

  • Traders-Talk User
  • 654 posts

Posted 02 July 2009 - 08:37 PM

It is often said that the four most dangerous words in the investment world are "This Time It's Different." Looking at the chart below, if the unemployment numbers don't turn around soon, it may indeed be different this time. KMB Job_Losses_in_Recessions.jpg

People think the Holy Grail is something looked for but never found. In fact, it is something often found but rarely recognized.

#2 milbank

milbank

    Member

  • TT Patron+
  • 4,714 posts

Posted 02 July 2009 - 08:59 PM

Whoa! So much for "it's bottoming." Going to have to put that chart on my radar. Nice find kssm...errr...kssm...errr...ahh, is that your real name? :huh:

Edited by milbank, 02 July 2009 - 09:02 PM.

"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw


"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe


#3 ed rader

ed rader

    Member

  • Traders-Talk User
  • 2,390 posts

Posted 02 July 2009 - 09:06 PM

Whoa! So much for "it's bottoming." Going to have to put that chart on my radar. Nice find kssm...errr...kssm...errr...ahh, is that your real name? :huh:



don't recognize the avatar :bowtie: ?

BTW, i'm on record for 13-14% UE nationally by the time we bottom.....

ed rader

"Everybody's got plans... until they get hit."

-- Mike Tyson

http://erader.zenfolio.com/