Good luck with your interviews. Statistically speaking, at least one of the interviewers won't say that and more likely than not, you should be fine. Remember that all of last week there was mass uncertainty in the stock market. Also, if the places you are interviewing for have money invested in PM's or use oil, which is down 3-4%, they will be more than happy to hire you as their costs have dropped. In all likelihood, though, companies won't decide to stop hiring based on this alone. You should be in the clear. Again, good luck!
Official death of the Dow thread.
- Thread starter Carehn
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Good luck with your interviews. Statistically speaking, at least one of the interviewers won't say that and more likely than not, you should be fine. Remember that all of last week there was mass uncertainty in the stock market. Also, if the places you are interviewing for have money invested in PM's or use oil, which is down 3-4%, they will be more than happy to hire you as their costs have dropped. In all likelihood, though, companies won't decide to stop hiring based on this alone. You should be in the clear. Again, good luck!
Peace&Freedom
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Dow at about -315-320 now.
heavenlyboy34
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A little depressed, but hopeful the crash will destroy my major debt-holders (my student loan issuers).
I understand. I suppose with the market down, that will also put us in deflation mode, and cut the prices for energy down (which is about as important to a business as interest rates). I think this is a correction we needed for a long time, there were too many artificially inflated stocks out there.
Uncle Emanuel Watkins
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This is all being caused by the jobless economy. That in turn was caused by the government which continues paying unemployment compensation which has worked to keep people idle in the communistic states located up in the northern and in the western part of the nation. When the last large recession happened, the people up and moved to the states that had better economic policies, socially speaking.
In other words, this so-called "double dip" will just be people migrating away from the states with poor economic policies towards those states with better economic policies.
The sooner the market figures this out, the sooner it will stabilize.
President Obama realizes a mass migration is a worst case scenario concerning the development of his new brand of American communism. This is why he has bowed to the other global economists around the world working with them in an attempt to destroy the rest of the bright spots and healthy economies within other states that people might move to. Examples of this is the energy business in Texas. People tend to get truck driving jobs during recessions which is why the Federal government has destroyed the American trucking industry. In other words, in order to fix this problem once and for all, the whole economy needs to be destroyed and made a shambles.
If this doesn't work, he will have the FED counterfeit the rest of our economy out of business. Ultimately the extinction caused by mass starvation will lead to more green jobs, an ideal Muslim society, and the ultimate kind of service economy needed to help advance the remaining civilization to mass construct huge space vessels to colonize the Dark Side of the Moon and Mars.
In other words, this so-called "double dip" will just be people migrating away from the states with poor economic policies towards those states with better economic policies.
The sooner the market figures this out, the sooner it will stabilize.
President Obama realizes a mass migration is a worst case scenario concerning the development of his new brand of American communism. This is why he has bowed to the other global economists around the world working with them in an attempt to destroy the rest of the bright spots and healthy economies within other states that people might move to. Examples of this is the energy business in Texas. People tend to get truck driving jobs during recessions which is why the Federal government has destroyed the American trucking industry. In other words, in order to fix this problem once and for all, the whole economy needs to be destroyed and made a shambles.
If this doesn't work, he will have the FED counterfeit the rest of our economy out of business. Ultimately the extinction caused by mass starvation will lead to more green jobs, an ideal Muslim society, and the ultimate kind of service economy needed to help advance the remaining civilization to mass construct huge space vessels to colonize the Dark Side of the Moon and Mars.
I agree with you to some point, but there are 3 to 5 trillion dollars in FHA loans that are in default or about to go in default. So do you give people a few grand in extended unemployment with the hopes they find jobs so they can keep their homes? or bail out another 4 trillion in failed FHA loans.. Pick your poison.. Next thing to go are about 4 trillion in student loan defaults.
sailingaway
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People have to challenge the idea that the Dow Jones industrial average is 'the market'. It is a specific list of 500 companies picked for global importance and is slanted to sensitivity to specific issues which do not correlate perfectly (by any means) to the welfare of our nation. I can assure you not a single small business nor a single 'poorly connected' business is listed in the 500 tracked. We need a more neutral means of evaluating the MARKET, not merely companies listed on the DOW.
Between that and the fact (from what I have read) that Goldman Sachs alone controls a sufficient percentage of daily trades to stop and start panics, we need to pay attention to and address fundamentals, not emotional indicators.
Between that and the fact (from what I have read) that Goldman Sachs alone controls a sufficient percentage of daily trades to stop and start panics, we need to pay attention to and address fundamentals, not emotional indicators.
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An economist said that the sock market is not what needs to be followed to analyze the world's economy. The three markets to watch are the Credit Market, Derivatives Market and Mortgage Securities Market, and all three are bankrupt.
squarepusher
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or a PPT is manipulating that
Original_Intent
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I thought the DJIA was only 30 companies - are you thinking of the S&P 500?
Rothbardian Girl
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LOL. Same here, man, same here.
KingRobbStark
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The Dow is already dead. Its merely haunting the markets at the moment.
eduardo89
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The the Dow Industrial is 30 companies. Used to be all industrial companies, but now it's basically just 30 really big companies from all sectors.
RideTheDirt
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I approve of this thread
Uncle Emanuel Watkins
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I don't like putting it this way, but president Obama has been putting on a performance of trying to pull an economic recovery from his ass. In other words, all this suffering he is causing isn't funny.
So far, much of the audience has been quite pleased by president Obama because he has been able to get them extended unemployment benefits. People moving by mass migration to the other more successful states will be the metaphorical equivalent of the audience getting up to walk out on his performance.
Really, a mass migration is our nation's only hope out of this mess. Rooting up people from generations of tradition and culture is the high price one should have to pay when the states that they have lived for so long decide to abandon them by adopting Obamian Communism.
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dannno
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I need an emotion for when you read the script to a movie first and then watch it later.
Thanks Peter Schiff.
sailingaway
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sorry! yes, I was thinking of the S&P earlier and the wrong index came out! It is the same, point, though.
truthdivides
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I know this is a Dow thread, but the Nasdaq is down over 5% now.
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