Posts Tagged ‘dollar swap rate’

Notes From Underground: Unemployment Numbers Tell Us the Economy is a PERFECT TEMPERATURE?

December 4, 2011

As the news came out on Friday morning, the headline reported that the unemployment rate dropped to 8.6% from 9%–at first glance, the rate looked like 98.6 on the economic thermometer. The analysts are still arguing over the meaning of this data, but for traders and investors the real outcome is meaningless. It may lead to foreign investors purchasing U.S. equities as America is seen to be a relatively stronger economy, especially when compared with the EUROPEAN CREDIT-STRESSED environment.

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