Market ideas and general musing from "HedgeFundSpace." Sitting and investing in Asia, looking and commenting on markets and the world with some insight, some cynicism and, I hope, a bit of humour.
No live portfolio positions will be discussed. (Please see Disclaimer at end.)
Monday, September 8, 2008
US Unemployment high and rising... not good...
US unemployment in white, S&P500 index in yellow
Until unemployment clearly peaks, it's hard to see strong, sustained equity market performance form the US... not to mention any kind of surge in housing take-up (or even decline in inventory.)
Stumble It!
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