Afternoon report and something to ponder... In the last month there were 130k new jobs created in the private sector in the US.$85bn pumped into the system and 130,000 jobs. Works out at a whopping $654K per job. Well done Ben. Looks like it's working a treat...read more on (VIEW LINK)
Henry started in financial markets in London in the 80s as an option trader before coming to Sydney and spending 7 years at Macquarie Bank including a stint running equity derivatives and cash trading.For the last few years he has been a private...
No areas of expertise
Interesting comment James - i can remember that happening when the NASDAQ bubbling along 13 years - the more things change the more they stay the same hey. Henry - you've to think long term - $654k per job is nothing - they'll mostly be part time earning $30k a year - will pay themselves off in no time :-)
Now you are just being cynical Henry!!
Why $85bn..why not round it up to $100bn ..would work more betterer..wouldnt it!
Good report today Henry, tech stocks definitely bubbling. Starting to see tech stocks backing into resource shells....