job creation

Disturbing Trend Found in Friday’s Employment Numbers

By Monday, October 5, 2015
Friday’s Employment NumbersThis past Friday, the Bureau of Labor Statistics reported only 142,000 jobs were added to the U.S. economy in September. And August’s figure was revised lower from 173,000 previously reported jobs created to an actual number of only 136,000 jobs. (Source: Bureau of Labor Statistics, October 2, 2015.) Overall, September’s jobs market report was terrible. I see a disturbing trend developing when it comes to the number of jobs added .

What Job Growth? Labor Participation Hits 30-Year Low

By Thursday, October 9, 2014
Job GrowthFinally, some good news for the U.S. economy? Last week, the U.S. Bureau of Labor Statistics reported 248,000 jobs were created in the U.S. economy in September, pushing the unemployment rate down to 5.9% from 6.1% the previous month. (Source: Bureau of Labor Statistics, October 3, 2014.) The September jobs market report showed good job creation in sectors like professional and business services, information, mining, construction, and financial. Combined, these .

What the Worst Jobs Report of the Year Really Tells Us

By Friday, September 12, 2014
What We Found Buried in August’s Jobs ReportA week ago today, the Bureau of Labor Statistics (BLS) released its jobs market report for the month of August. To say the very least, there was nothing in that report that says the labor market in the U.S. economy is back on its feet. In fact, the report painted a gruesome image of employment in this country. In August, 142,000 jobs were added to the U.S. economy—the lowest monthly .

Where the Gains Will Be in 2014

By Monday, January 6, 2014
New Year to Be Bullish for Stock Market InvestorsIn 2013, the Federal Reserve gave stock market investors some of the easiest gains in history as a result of its quantitative easing. Now, as we move into 2014, while I believe it will likely be another up year for the stock market, I doubt the gains will be as good as last year’s. Let’s take a look at the situation in 2014. Fed Chairman Ben Bernanke will be gone .

Hard Proof There Is No Real Economic Recovery

By Wednesday, June 26, 2013
Economic RecoveryThere’s a lot of talk about economic recovery these days. Mainstream economists are saying the U.S. economy will continue to grow, and the stock advisors are telling investors to buy on dips because everything is headed upward. Their arguments are: housing is hot, the unemployment rate is declining, and consumers are spending. But I have to disagree with those claims. I believe this isn’t a real economic recovery. What we .

Number of S&P 500 Companies Reporting Negative Guidance a Red Flag

By Wednesday, June 12, 2013
 Food Stamp Usage RisingStandard & Poor’s, the credit rating agency, believes the likelihood of the U.S. credit rating being downgraded in the near term is less than 33% (one in three) and it has decided to keep its credit rating on the U.S. economy at AA+, slightly lower than the best investment grade. (Source: Standards & Poor’s, June 10, 2013.) This may be good news to the politicians who continue to believe there .

A Froth Called the Stock Market

By Thursday, May 16, 2013
A Froth Called the Stock MarketDidn’t the government say the economy is getting better? Why do I question what they’re saying? Because consumer spending is going the wrong way. Core retail sales declined 0.1% in April—and that’s after they already fell 0.4% in the previous month! (Source: U.S. Census Bureau, May 13, 2013.) When compared to the first four months of 2012, consumer spending in the U.S. economy declined in the first four months of .

Central Banks’ Gold Purchases in 2012 Most Since 1964

By Wednesday, March 27, 2013
Gold Purchases in 2012 Most Since 1964According to the International Monetary Fund (IMF), in February, the central bank of Mongolia increased its gold bullion reserves to its highest level since August of 2008. The country has been purchasing gold bullion for three consecutive months—its reserves have increased from 1.5 metric tons to 5.8 tons, or about 287%. (Source: Bloomberg, March 26, 2013.) Similarly, the central bank of Russia has been purchasing gold bullion. It bought seven .

Jobs Market Growth? 1,422 Mass Layoffs Took Place in February 2013

By Wednesday, March 27, 2013
The so-called “recovery” in the jobs market isn’t sustainable. I don’t disagree that there has been job creation in the past few months, but when I look at the spectrum of the jobs created in the U.S. economy, I become skeptical. Jobs growth in the U.S. economy has been in the low-paying retail sector. Consider this: in February, there were 1,422 mass layoffs in the U.S. economy, involving 135,468 workers. .

Disconnect Between Stock Market and Economy Biggest I’ve Ever Seen

By Thursday, March 14, 2013
Disconnect Between Stock Market and EconomyBy looking at the stock market’s recent performance, one might think the U.S. economy has turned the corner and the worst is behind us. This is far from reality! The U.S. economy is fundamentally damaged, and since the financial crisis of 2008–2009, there really hasn’t been any real economic growth. Even a novice economist will tell you: economic growth happens when general living conditions of citizens in a country improve; .

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From: Michael Lombardi, MBA
Subject: Gold: The Stock Contrarian Investors’ Best Play of the Decade

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