Weekend Reading – Stock Market/Economy Disconnect Edition

by Darwin on September 3, 2010

Apparently, the market actually thinks a 9.6% unemployment rate is just swell, sending the S&P500 up 3.5% for the week.  This is a major move up for a 5 day period, and a reversal in a recent market downturn from prior weeks.  While the unemployment numbers were better than “expected”, they’re still not rosy by any means.  With the birth/death rate and other adjustments, it may be quarters or even years before we get the headline rate back down below 9%, let alone, the longer run rates of 5-6% Americans have grown so used to.  I’ll take it though, I’m 100% long equities in all my retirement accounts and while I’m hedged somewhat in my trading account, I’m still making money in an up market – just surprised.

Market stuff aside, there were some great reads around the web this week, and in case you missed some articles I wrote in the recent past, I’ve included them for your perusal at the bottom.  Check out the best of the web from the past 2 weeks:

Best of the Web:

Lazy Man and MoneyBlogger Takes on Bullshit MLM Company and Gets Threatened and Blackmailed (check this out and support Lazy Man’s Right to Free Speech)

Financial Highway10 Tips to Curb Impulse Spending

TaxVoxHomeBuyer Tax Credit – AGAIN???

The MishJobs Numbers: A Look Beneath the Surface

The Yakezie:

The Yakezie.com – Check it out!

Financial SumaraiHow To Get Girls If You Live At Home With Mom & Dad

Free From BrokeBlogging Essentials

Wealth PilgrimIRA FAQ

Len Penzo - 10 Key Characteristics of Debt-Free People (of Modest Means)

Aspiring Millionaire - Yakezie Carnival

Darwin’s Writing:

at Darwin’s Money:

at ETFBase:

at Darwin’s Finance:

at Complex Search:

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