Employment Numbers Looking Better for Obama

Category : Blog on October 20, 2012

The well being of the economy is critical to Obama’s election prospect. A report out today from the Labour Department (11 Oct) will lift his re-election prospects. The number of Americans filing new claims for jobless benefits declined last week to its lowest level for more than four and a half years. The coming weeks will determine whether this unexpected drop is due to seasonal biases. However for now the overall trend for new claimants is in decline, which will surely be a boost for the Obama camp.

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Investing Quotes

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    • “Be fearful when others are greedy. Be greedy when others are fearful.”

      —Warren Buffett

    • “The individual investor should act consistently as an investor and not as a speculator.”

      —Benjamin Graham

    • “Know what you own, and know why you own it.”

      —Peter Lynch

    • “Sometimes your best investments are the ones you don’t make.”

      —Donald Trump

    • “It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.”

      —George Soros

    • “My favorite holding period is forever.”

      —Warren Buffett

    • “The essence of investment management is the management of risks, not the management of returns.”

      —Benjamin Graham

    • “You make most of your money in a bear market, you just don’t realize it at the time.”

      —Shelby Davis

    • “We have two classes of forecasters: Those who don’t know and those who don’t know they don’t know.”

      —John Kenneth Galbraith

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