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Thursday, February 17, 2011

Are you better off?



 
January 2009
TODAY
% chg
Source
Avg. retail price/gallon gas in U.S.
$1.83
$3.104
69.6%
1
Crude oil, European Brent (barrel)
$43.48
$99.02
127.7%
2
Crude oil, West TX Inter. (barrel)
$38.74
$91.38
135.9%
2
Gold: London (per troy oz.)
$853.25
$1,369.50
60.5%
2
Corn, No.2 yellow, Central IL
$3.56
$6.33
78.1%
2
Soybeans, No. 1 yellow, IL
$9.66
$13.75
42.3%
2
Sugar, cane, raw, world, lb. fob
$13.37
$35.39
164.7%
2
Unemployment rate, non-farm, overall
7.6%
9.4%
23.7%
3
Unemployment rate, blacks
12.6%
15.8%
25.4%
3
Number of unemployed
11,616,000
14,485,000
24.7%
3
Number of fed. employees, ex. military (curr = 12/10 prelim)
2,779,000
2,840,000
2.2%
3
Real median household income (2008 v 2009)
$50,112
$49,777
-0.7%
4
Number of food stamp recipients (curr = 10/10)
31,983,716
43,200,878
35.1%
5
Number of unemployment benefit recipients (curr = 12/10)
7,526,598
9,193,838
22.2%
6
Number of long-term unemployed
2,600,000
6,400,000
146.2%
3
Poverty rate, individuals (2008 v 2009)
13.2%
14.3%
8.3%
4
People in poverty in U.S. (2008 v 2009)
39,800,000
43,600,000
9.5%
4
U.S. rank in Economic Freedom World Rankings
5
9
n/a
10
Present Situation Index (curr = 12/10)
29.9
23.5
-21.4%
11
Failed banks (curr = 2010 + 2011 to date)
140
164
17.1%
12
U.S. dollar versus Japanese yen exchange rate
89.76
82.03
-8.6%
2
U.S. money supply, M1, in billions (curr = 12/10 prelim)
1,575.1
1,865.7
18.4%
13
U.S. money supply, M2, in billions (curr = 12/10 prelim)
8,310.9
8,852.3
6.5%
13
National debt, in trillions
$10.627
$14.052
32.2%
14

(1) U.S. Energy Information Administration; (2) Wall Street Journal; (3) Bureau of Labor Statistics; (4) Census Bureau; (5) USDA; (6) U.S. Dept. of Labor; (7) FHFA; (8) Standard & Poor's/Case-Shiller; (9) RealtyTrac; (10) Heritage Foundation and WSJ; (11) The Conference Board; (12) FDIC; (13) Federal Reserve; (14) U.S. Treasury

6 comments :

Anonymous said...

Hi Palmoni.

A word of caution from a long time follower of your blog..

Time to exit the bull positions..

Buy in 6 months at S&P 1100.

Kind Regards.

SnP 666.6 - 1344.4
RiP 18-2-10

Palmoni said...

There are some cracks appearing--but normally when I find something cheap--it gets a bit cheaper first

It's the same on the upside-this market is frustrating people because it just goes straight up--and only the buy and holders are happy

What that means is--it is, however, then, harder to shake out the buy and holders who have already seen every top caller trounced

So maybe things that are expensive get more expensive--because on Wall Street the MOMO guys seem to love that

but for the average guy-I filled up my truck and it cost $74 today

and I don't think the average joe owns Valero to offset the price of gas

but since when did the market care about the average guy

MOMOs only care about POMOs!

Palmoni said...

but a 2 or 3% pullback up here? that's what my trading gut feels--just so Doug Kass can come out and call the top for the 27th time!

Anonymous said...

This is beginning to look like more than a 2-3% pullback, no?

well, it was given to you as it happened. 1344.4.

As advertised.

Booyah!!!!!

;-)

Good luck staying long in 2011

Anonymous said...

Almost exactly a month ago, it was time to sell. Now, its time to buy..Get ready for a monster of a bounce, and possibly new highs..

SnP 1246, 17-3-2011
Resurrected

Anonymous said...

Almost exactly a month ago, it was time to sell. Now, its time to buy..Get ready for a monster of a bounce, and possibly new highs..

SnP 1246, 17-3-2011
Resurrected